Car leasing
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Leasing lets you drive a new car for a fixed monthly payment and hand it back at the end of the term. Indexa tracks every listed lease-adjacent price in the market, so you can see whether the monthly figure you've been quoted is fair before you sign.
How leasing works
A lease is a long-term rental: you pay a deposit followed by fixed monthly payments for typically two to four years, then return the car. Payments are set by the car's predicted depreciation, the agreed annual mileage, and the term — the lower the mileage and the shorter the term, the higher the payment.
Lease or buy?
Leasing suits drivers who want a new car every few years and no resale hassle. Buying suits higher-mileage drivers and anyone who modifies their cars. Compare the total cost of the lease against the Indexa price of an equivalent used example of the same model before deciding.
Before you sign
Check the excess-mileage charge, the wear-and-tear policy, and the initial payment size. All three move the effective monthly cost more than the headline figure suggests.