What affects the cost of a lease vehicle?
It’s one of the biggest benefits of leasing: you can tailor every aspect of the lease deal to suit your exact requirements. Whether that be the length of the lease, the mileage limit or the amount you pay upfront. But the question is, how do these choices affect the overall price of your lease deal?
How you build the various components of your lease deal will affect your monthly lease fee. While some elements, like annual mileage, will be fixed depending on your personal requirements, flexibility around other factors, such as term and model, could end up saving you money.
The biggest step to getting the best lease car deal is to completely understand how car leasing works. Once you are aware of all the variable factors contributing to the cost of your lease, it is easier to work out how you can either get a more desirable car for your money, or save on the overall cost of your lease car.
Here we take a look at the various factors that contribute to the cost of a lease vehicle.