I want a short-term lease less that 24 months. Possible?
A. Typical lease terms are set by lease companies at a minimum of 24 months. And because most of a vehicle’s depreciation happens in the first year, a shorter new-car lease would be very expensive. A better solution is to “assume” an existing lease from someone who wants to get out and only has a year or few months remaining. These are very often good deals. Swapalease provides listings of such deals.
A. Typical lease terms are set by lease companies at a minimum of 24 months. And because most of a vehicle’s depreciation happens in the first year, a shorter new-car lease would be very expensive. A better solution is to “assume” (take over) an existing lease from someone who wants to get out and only has a year or few months remaining. These are very often good deals. Swapalease provides listings of such deals.
