Leasing an automobile can leave the average consumer feeling flabbergasted by the mathematical equations that unfold before you. The very basic process can seem like a numeric undertaking that requires an Einstein-like understanding of figures. That’s just what the leasing companies would like you to believe.
Many of us shy away from the seemingly complicated equations that determine our monthly lease payments, preferring instead to leave the calculations to the dealer. It’s actually not that difficult. Once you have a basic understanding of all the figures in calculating your monthly payments, it can all fall into place very nicely. Read more . . .