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 Types of Leases

Leasing equipment is easy and flexible. With different payment structures and end of term options to choose from.

 End of Term Options

Fair Market Value (FMV) - Fair Market Value lease is a good option for consumers who expect the value of their vehicle to decrease quickly, or who will want to upgrade their vehicle at the end of their lease. With the FMV lease, customers have the option at the end of their lease to return the vehicle, or purchase it for the Fair Market Value.

$1 Buyout - (yes there is such a thing) This lease is for consumers who know that their vehicle won't lose its value and who want to keep it at the end of the lease. If this is your case, then a $1 (or $101, depending on your state's tax laws) buyout is the option for you.

Fixed Purchase Options - This option is for those who like the open flexibility of an FMV lease, but want to cap their buyout.

 Payment Structures

90-Day Deferred Payment: This payment schedule allows you to defer payments for a 90 day period. (What actually goes on here is that the dealer pays the first 3 payments if the lease is financially rewarding for the dealer)

Step Down Payments: These payments start higher and decrease over time, which in turn reduces your total out of pocket expenses.