Overview

A lease is essentially a short- or long-term vehicle rental agreement that provides exclusive use of a vehicle for a predetermined amount of time and a predetermined amount of miles at a fixed daily or monthly rate. Leasing a new car is a cost-effective way to drive one without having to spend a lot of money on it. With a predetermined payment schedule for the duration of the lease agreement, leasing a car allows you to avoid any unforeseen expenses. In addition, you can add an additional fee to the monthly bill to cover servicing and maintenance. For a salary or a commission, leasing consultants typically work for vehicle lease management companies or vehicle owners to raise awareness and demand for their products to be leased. Keep in mind that a commission pays more.

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