Leasing a New Car or Truck is a very smart decision considering the following facts. When you lease a New Car or Truck, you pay only a portion of the vehicle's cost. Since you are only paying for the New Car or Truck while you lease it, payments are 30% - 60% less. In most cases you have the option of not making a down payment, and you only pay taxes on your monthly payments. Your first payment will be due at the time you sign your contract.

A New Car or Truck Lease payment is made up of two parts, the finance charges and the depreciation charges. The finance charges is the interest on the money the New Car or Truck dealership has tied up in your New Car or Truck while you are driving it. You repay part of the money in your monthly payments, and repay the remainder when you either buy or return the vehicle when the lease term ends.

If you want to drive a New Car or Truck at the best possible payment, leasing is the way to go.