Leasing can be one of the most cost-effective ways of driving a new vehicle as long as you’re not concerned with reselling the car when you’re done with it. However, not worrying about resale value might be one of leasing’s biggest benefits, as well. To put it as simply as possible, leasing is essentially a long-term rental agreement. Most automakers lease models on 24-, 36-, or 48-month terms; sometimes, you’ll have the option to buy the car at the end of your term, otherwise, the car will be returned.
