Car leases involve making monthly payments to drive a car for a set period, typically 2-3 years, similar to renting an apartment. The payments are based on the car's residual value and include various fees and interest charges.
People make a lot of dumb mistakes when it comes to cars. But one of the dumbest mistakes I see people make every day, is leasing a vehicle. In this video, I dig into the dirty details of car leases, and show you the smartest way to pay for a car.