The down payment on a car lease is typically lower than on a car purchase, but understanding its role in the leasing process can help you budget. A down payment on a car lease is an upfront payment made to reduce the vehicle’s cost for the lease term. Here’s how it works: Cap Cost Reduction: A down payment on a lease is often referred to as
Car Warranty: What You Need to Know
A car warranty provides coverage for various repairs and services needed to keep your vehicle running smoothly. Warranties vary based on the manufacturer, but there are a few common types to be aware of: Bumper-to-Bumper Warranty: This covers almost everything between the front and rear bumpers of the vehicle, excluding normal wear and tear (e.