10 Steps to Leasing a New Car
Step 10: Manage your leased vehicle.
As you drive your leased vehicle, remember that you will have to return the car in good condition. Have all the scheduled maintenance performed and keep your eye on the odometer to avoid exceeding the mileage limit.
When the lease ends, you have several alternatives. You can turn it in and lease a new vehicle. You can buy the car for the residual amount stated in your contract and continue driving it. In some cases, you can even extend your lease term on a month-to-month basis.
Now, it's time to go out and put your knowledge into action. Just remember that the time you take to research your leasing decision will pay dividends over the years. You'll not only be driving a car that suits your needs, but you'll be saving money in the process.
Next Step: Car Leasing Checklist