Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Car Leasing and other Auto Loans topics.

What's the best least term for me?

Length of Lease Term

Sure it sounds good, but is it? The lease term on your new or used car is the length of the lease expressed in months. Typical lease terms range from 24 months to 48 months. While a longer lease will generally result in a lower monthly payment, you end up paying more overall due to the extended term.

*Never agree to a lease term that exceeds the car's general warranty.

Comments

Nobody has commented on this tip yet. Be the first.

Ask a Question

Not finding the advice and tips you need on this Auto Loans Tip Site? Request a Tip Now!

Guru Spotlight

Heidi Splete

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!