As GM, Chrysler and Ford cut back on leasing, or discontinue it totally, consumers are left wondering how to proceed with an auto lease.
MarketWatch has a few suggestions for consumers who still want to lease. Those currently in a lease and those looking to lease need to do some research on the key component here, residual values.
Current lessees should take a look at their car’s residual value to see if it has gone up or down since they signed their contract, MarketWatch.com reports. This way, they can see what their options are when the lease term ends.