New Car Leases at D&M

NEW CAR LEASE FAQS

Do I need to put a down payment for a personal car lease?

Qualified leases have the option of making no down payment with no payments for 60 days with the EZ Lease. At D&M we offer no money down on your auto lease and 50% lower payments than financing. Here at D&M Auto Leasing, we have the experience to custom fit whatever plan works best for you.

What types of vehicles does D&M lease?

D&M specializes in finding you the car you want for a price you can afford. No matter what type of trim, color or body style, options and integrated gadgets you want in a vehicle, D&M can get it. Fill out a quote form and a D&M representative will work with you to lease any used or new vehicle, any make or model. Check out our vehicles page to get an idea of the types of cars we lease.

What do MSRP, Residual Value, and Capitalized cost mean?

MSRP is the suggested retail price recommended by the manufacturer for the sale of an item in all retail outlets. Residual value describes the guaranteed value of the vehicle at the end of the lease. This is the part of the vehicle you don’t pay for on a lease and is one of the most important benefits. Lease payments are lower because you only pay for the portion of the vehicle you will use. Capital cost refers to the amount that is being financed on a lease. This can include tax, title and license fees or sometimes negative equity from a traded vehicle is rolled in.

Is it better to lease or purchase a new car?

The lease vs. buy decision for new vehicles is a tough and nuanced decision. Either option has pros and cons, depending on your financial situation, ideal lifestyle, and personal views on ownership. Typically, leasing offers lower monthly payments and lower upfront cost, and keeps you in an updated vehicle. If you’re interested in more information on the decision to lease or buy, please visit our Lease vs. Buy page, or contact a leasing professional!

Can I trade in my lease for a new car?

Absolutely! D&M evaluates trade-ins during the leasing process and offers a fair value for your trade. Trading in your current vehicle for a new lease gives you a seamless experience, lowers your monthly payments, and gets you in an updated ride.