Unless you gain tax benefits from leasing, which is why leasing exists at all. But yeah, basic logic– a purchase involves two people, a seller and a buyer, a lease involves three, a seller, a buyer and a lender, pretty much by definition, there has to be more money in that transaction from some direction, probably you….

As for leasing vs outright purchase, you are right, leasing is more expensive because you are paying interest. For those who don’t purchase outright or always have a car payment then lesaing will usually be the best option for a lower payment.

“Lower Your Monthly Payment By Refinancing Your Auto Lease Online!”

Promise: By “refinancianing your auto lease online” we can “lower your monthly payment.”

You might argue that this isn’t, technically, a “promise,” but you’d be incorrect from a legal perspective, where the concept of an implied promise has been affirmed by many courts.

There are many reasons to lease a vehicle (convenience, lack of down payment), but none of them save anyone money over the life of a lease, versus the alternative of purchasing the vehicle outright.

This site certainly can lower your monthly payments, but it does so by INCREASING your total lease costs.

Next up: Refinance your home for 300 years and pay only $12 per month (of course, your heirs will have to pay also.)

If you are in a manufacturer’s subsidized lease program then there is probably no way you are going to be able to lower your lease payment.

Carlos is correct. They are not promising to do what you state. You state they are promising to “lower his car lease by almost half.”

Wrong! They are promising to reduce HIS MONTHLY PAYMENT by half.

Anyone could do that by stretching out the repayment period. This will, of course, NOT result in your father saving any money unless one is sufficiently one-dimensional enough to think that the only cost is the monthly payment.

The trick is, it appears the default payment you see is a 60-month lease, which indeed would naturally be a lower payment than a shorter lease someone might already be in. In other words, you might be extending your payments for a much longer window…and still not own the vehicle in the end.

But I don’t think there is anything nefarious here…it could be seen as refinancing a mortgage. Just be aware that extending a lease any further likely gets you outside of the warranty period, where you’re responsible for keeping the car in good working order up until the point you turn it in.

Leases are re-written with national lenders such as US Bank and Wells Fargo and are standard Regulation M contracts.