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Intro

Your lease payment is based on a few key factors; understanding them helps you structure the right deal.

The 5 Key Factors

1. Vehicle Price
Higher-priced vehicles = higher payments

2. Residual Value – The estimated value at lease end
Higher residual = lower payments

3. Lease Term
Shorter terms = higher monthly payments
Longer terms = lower monthly payments

4. Interest Rate
Higher rates increase your payment

5. Down Payment
Higher down payment = lower monthly payments

FAQ

Q: Can I customize my lease?
A: Yes, within approved guidelines.

Q: Why do two people get different payments?
A: Credit profile and deal structure, such as term, interest rate, or down payment, impact the final monthly payment.