What You Must Understand Before You Lease

What You Must Know About The Lease Advertisements

By: Roosevelt Gist

The small print is the most important part of the advertisement. It is virtually impossible to get the low monthly payments advertised. Leasing is appealing because of lower monthly payments and a very small initial cash outlay. 

 If you read the small print carefully, you can immediately see that you cannot have both the advertised lower monthly payment and small initial cash outlay. Ask the lessor to give their definition of all lease terms. You will be surprised at the number of variations. If you do not feel comfortable with the answers find another lessor.