FAQ

Most questions are answered in the "Why Lease?" section.

If you have a question that is not answered here or in the "Why Lease?" section, please ask us by email and we will send you the answer. questions@leaseadvice.com

Will I be restricted as to how many miles that I can drive? When designing your lease, we will ask you to tell us how many miles you need. We can make allowance in your lease payments for the amount of miles you want to include. You can even have unlimited miles if you want them. Our typical leases are 15,000 miles per year.

Why are your payments lower than the dealership? We monitor and access the programs of Banks and financial institutions across the country and use our specialized software to determine which lease program is best for each car and customer. Dealers do not have the time, expertise or technology to do what we do.

Why are your payments lower than other lease companies? Volume and technology! We are willing to accept a much lower profit margin than the typical leasing company because we are using technology and the internet to make our processes more efficient. Simply stated our cost of doing business is less than that of other traditional leasing companies.

Should I find the vehicle I want and then let LeaseAdvice handle the lease? We can help you find the vehicle that you want with the options you choose or we can work with the vehicle that you have found. It is your choice.

Will I be charged fees at the end of the lease? If you turn your car in at the end of the lease (walk away), most lessors will charge you a disposition fee that helps them remarket the vehicle. These fees are typically around $250-$350. You might also be charged for excess mileage or excess wear and tear. A LeaseAdvice representative is always a phone call away to help you determine any potential end-of-lease liabilities by analyzing your contract and speaking with the bank on your behalf.

What are my options at the end of the lease? You can return the vehicle to the bank, leasing company or financial institution that owns it and "walk away". You can buy the vehicle for the purchase option price and keep it or sell it to someone else. You can extend your lease. You can trade your vehicle in on a new one.

LeaseAdvice has an end-of-term program that will work with you and "hold your hand" through the transition process. We will help you address your options and facilitate your turn in, re-lease, purchase, or new vehicle acquisition.

If you have a question that we have not addressed, please ask us by email and we will send you the answer. questions@leaseadvice.com