13 Car Leasing Mistakes That Cost You

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Save Money by Avoiding These Car Leasing Errors

Leasing can be an easy, inexpensive way to get a new car in your garage. In fact, about a third of new cars hitting the road today are leased instead of purchased. The monthly payments are often lower than they would be with financing, and the warranty lasts for the entire time you have the vehicle. At the end of the lease, you’re free to lease another new vehicle or buy the car you may have grown to love.

But oftentimes, car leases can seem confusing. They use terms you might not be familiar with, like “cap cost,” and they can have hidden fees buried in the fine print. We’ve compiled a baker’s dozen of common mistakes shoppers can make with a car lease, and identified easy ways to avoid them. If you’re considering leasing, these tips can help you feel more confident when you’re about to sign on the dotted line.

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