There are two overall methods to obtain financing for new car – leasing and buying. Here we will examine the first, lease financing for new car.
The first method is vehicle leasing. Just as in a lease that you would sign for an apartment, the automobile lease financing for new car is a contract that allows you to use the vehicle for a set period of time. Generally speaking, most leases last from 24 months to 36 months, although longer leases are available. (more…)