10 Steps to Leasing a New Car
Step 9: Review and sign the paperwork.
Whether you close the deal at home or at the showroom, the dealership will ask you to sign a contract and an array of documents. This might be done by the Internet salesperson you have been dealing with, or it could be done in a separate office by the finance and insurance (F&I) manager. If this happens, the F&I manager might try to sell you additional items such as extended service contracts, fabric protection, alarms or a LoJack vehicle locator. Read more about these in "High-Priced Dealer Add-ons."
If you have already seen a worksheet for the lease deal you've made, the contract should be a formality. Make sure the numbers match the worksheet and that the dealer didn't insert any additional charges or fees. Understand what you are signing and what it means. Remember, once you have signed there is typically no going back to "unwind" the deal.
And finally, make sure the contract you are buying includes gap insurance to protect you if your leased car is stolen or totaled in an accident.
Next Step: Manage your leased vehicle