Consider Lease Length

When leasing a car in 2025, think carefully about the lease length that makes the most sense for your needs. Typical lease terms range from 24 to 48 months. A longer lease usually means lower monthly payments, but you'll be committed to the vehicle for a longer period. A shorter lease gives you more flexibility to upgrade sooner.

Negotiate the Lease

Just like when buying a car, you can negotiate many aspects of a lease agreement. Research current lease offers and specials to ensure you're getting competitive terms. Don't hesitate to negotiate on factors like the lease length, mileage allowance, and lease-end purchase price.

Understand Your Mileage Needs

Consider how many miles you typically drive in a year when structuring your lease. Going over the mileage allowance can result in costly overage fees. If you drive more than 12,000-15,000 miles per year, a higher mileage allowance or even purchasing the vehicle may make more financial sense than a lease.

Categories: Social, Finance
Tags: buying, Leasing