A car lease is a long-term agreement allowing drivers to use a new vehicle for a specified period and a predetermined number of miles. It can make sense financially, as the average monthly payment for leased cars was $148 less than an auto loan payment in the second quarter of 2024, according to according to Experian. However, there may be surprise costs that drivers are unaware of.
Here’s what you can expect at the dealership before you turn in your car lease.
