Leasing a Vehicle

Lease payments are usually lower than similar-term finance payments because you're only paying for the portion of the vehicle's value used during the lease term (and any associated lease charges).

Leasing has many advantages and benefits, including a variety of mileage options and contract terms to best suit your needs. In addition, at the end of your Red Carpet Lease, you have the choice of three different options:

• Buy or lease a new vehicle
• Purchase your leased vehicle for the price stated in your Lease Agreement (plus any applicable taxes and/or fees)
• Return your leased vehicle (after satisfying any lease-end obligation, such as mileage, wear and use charges and any applicable lease Disposition Fee)