Luxury vehicle leasing isn’t difficult, but there are some things to consider.

Leasing can be a great option if you are looking to drive a higher-end car.

We explore the basics of luxury vehicle leasing and what you need to know.

What Is Leasing"

Leasing is borrowing a vehicle for a length of time, usually three years or less, in exchange for a monthly fee. Some agreements include the option to purchase the car at the end of that period. 

Depending on your circumstances, a lease may be the best option, whether because you are working away from home and flying frequently or because you want the joy of driving a new car for less. This holds true, especially for luxury vehicles. After running the numbers, some might be surprised that leasing a luxury car is the same or less per month as financing a traditional sedan.
Is Leasing The Best Option For Me"

Below are questions that can help you determine whether you should consider financing or leasing.

Are you planning to keep the vehicle for more than three years" If so, financing is a better option.

Do you keep your vehicles in excellent condition inside and out" If so, leasing might be a good option for you.

Is having a bumper-to-bumper warranty important to you" With leasing, you will always be under full factory warranty.

Is your annual mileage less than 15,000" If you think you will exceed this, financing is likely the better opti...