A lease is a form of a finance agreement with a number of set financial variables. These include the initial non-refundable upfront payment, the monthly payment and the administration fee payable to the broker. In addition, you’ll also need to know how many months the agreement lasts for and the number of miles per year you are permitted to drive within the agreement.
The lease is typically organised through a middleman called a broker but it’s not uncommon for dealers themselves to offer leasing deals. To find a deal you’ll need to look at the many different broker websites and narrow down your search for the model(s) you are interested in. This can be a very time consuming process which is why LeaseBeast handpick the best deals and post them on our website every week.