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News and Information

OCT
12
2012

Car Lease Ads Could Be Misleading, Experts Suggest

Some specialists have recently examined two lease deals for new cars, one for a 2012 Subaru Outback and one for a 2012 Mini Cooper Countryman and according to the news, some leases may add to long-term costs.

For the Subaru, experts compared two 42-month leases with 4-years ownership loan contracts, and found that the lease cost $11,000 more to the consumer than purchasing the vehicle. For the Mini Cooper, the leases cost $6,800 more than buying with the help of a loan.

In general, leasing does not save money overall and consumers should be aware of how certain ads can be misleading.

For more details on this comparison, read the full article here:
Car lease ads don’t show the long-term cost implications for a leasing lifestyle

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The Vachon Law Firm is based in Southern California and focuses exclusively on consumer protection litigation.