What is Retail Leasing?
Vehicle leasing is the leasing (or the use) of an automobile for a fixed period of
time at an agreed amount of money for the lease. It is commonly offered by
dealerships as an alternative to vehicle purchase. The key difference in a lease
is that after the primary term (usually 2, 3 or 4 years) the vehicle has to either
be returned to the leasing company or purchased for the residual value.