Leasing
Read the lease as a complete written transaction. Compare the vehicle value, payment calculation, mileage limits, end-of-lease terms, and a purchase alternative over the same horizon.
Last reviewed: July 2026. This is a general educational resource; rules and fees can vary by state, lender, dealer, and vehicle.
Ask for the Regulation M disclosures
The written disclosures should state gross capitalized cost, capitalized cost reductions, adjusted capitalized cost, residual value, depreciation and other amortized amounts, rent charge, amount due at signing, payment schedule, and total of payments. Review the federal disclosure requirements.
If the quote uses a money factor, ask for it in writing with the residual and rent charge. A money factor is not an APR, so compare the complete disclosed lease cost instead of relabeling that input.
Start and monthly costs
Separate the amount due at signing from recurring payments and avoid hiding a capitalized cost reduction inside a low payment.
Use limits
Record the mileage allowance, excess-mileage charge, wear standards, maintenance duties, and insurance requirements.
Exit terms
Read early termination, disposition fee, return process, and purchase option terms before signing.
Lease Battle Plan
Check off each step and keep the written record with you.
Define the Use Case
Start with mileage, term, use, and ownership-horizon facts.
Sources & Further Reading
- CFPB Regulation M: Consumer Leasing Disclosures
- CFPB: Leasing versus Buying a Vehicle
- FTC: Financing or Leasing a Car
Notes: Sources are provided for general education. Rules can vary by state and change over time.
Share This Battle Plan
Notes: Deal rules and fee limits can vary by state. Always confirm with local DMV or consumer protection guidance.