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car leasing

Can I Repair a Leased Vehicle by Myself?

So, your leased car is damaged. Most lease contracts include coverage for approved, predictable maintenance, but usually won’t cover damage from accidents (like, say, a mailbox that appeared out of thin air). If you’d rather avoid disclosing the damage, or just like to work on your own cars, you might be wondering can I repair a leased vehicle myself?

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4 Things to Know About Equity and Your Leased Car

Person cheering with images of piggy bank, money bag, car, and house

Read time: 8 minutes 

Leasing a car comes with its own set of financial considerations, one of which is equity.

In short, car lease equity is the difference between the vehicle's current market value and the remaining lease balance.

Understanding how equity works can help you make informed decisions about your leased vehicle, so we’ll go over, in detail, what exactly equity is and how it’s calculated.

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Get Ready to Start - and End - Your Car Lease With These Questions

 

Picture of a man scratching his head in confusion. Text says "I don't even know what I don't know."

 

We’ve all been there – not sure where to start and feeling overwhelmed. (Car leasing can do that to you.)

“Buying or leasing or acquiring a car isn't difficult, but the dealerships have made it a long, drawn-out, anxious process. It doesn’t need to be that way. Consumers can educate themselves online to find exactly what they want. And once they know what they want, the actual purchase should be as easy as walking into a store and buying something right off the shelf.” – Brandon Williams, Lease End CEO

 

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