frequently asked questions

For any additional questions, feel free to call one of our expert sales staff or customer service representatives at (718) 493-0600


Leasing Advantages: Simply put, low out of pocket payment, low monthly payments and a new car every 24-39 months (depending on the term of your lease).

When leasing a vehicle, you only pay a fraction of the price of the car that you actually use. (You are actually paying for the difference between the actual price of the car, residual value and interest).

When buying/financing a vehicle, there are several expenses included in buying a vehicle: sales tax, and interest (determined by your credit score).

For additional information on Leasing vs. Buying/Financing, please visit sites like…

An auto broker manages the process of buying a car on behalf of a customer. This includes finding the desired vehicle, securing financing, negotiating the price and delivering the final paperwork. An auto broker’s job is to help the customer

U.S. states (excluding New Hampshire, Alaska, and Oregon) impose sales taxes on motor vehicle purchases by consumers. When leasing, the lending company (bank) passes the sales tax along to you, the lessee. Methods and tax amounts vary greatly by State.

This is another common fee, charged by the lending bank, that is due at the end of your lease contract to compensate the leasing company for the expenses of selling or otherwise disposing of a vehicle.

Yes, all of the cars are brand new and come straight from the dealer.

Most of our leases have a set buy back option if you would like to purchase it at the end of your lease term.

Your car can be returned to us or any authorized dealer in the country. (Please see the End of Lease Tab in Customer Care for further details).

We deliver the car to your work or home.

Since our cars come with full manufacturer warranty, your vehicle can be taken to any dealer for service.

In many states, there are fees that you will pay regardless of whether you are buying or leasing a vehicle. Sometimes it can be difficult to decipher dealer fees from government fees.

An acquisition fee, also known as a bank fee, is an administration fee charged by the bank NOT the leasing company.

While other dealers advertise a low monthly payment with thousands of dollars down (cap cost reduction), we take a different approach by listing all of our cars with $0 down (cap cost reduction).

If you make a down payment (reduce Cap Cost) on your lease, certain state and local taxes will be charged depending on the state in which you are leasing. These taxes can be paid at the time you sign your lease. You also have the option to include these taxing in your monthly payments.

This one time, refundable fee is usually slightly higher than your monthly lease payment. At the end of your lease contract, it will be returned to you less any disposition, mileage, or damage charges.

This fee is not usually required for car leases. However your first lease payment is due at lease signing which is the time when you would usually pay a down payment when buying a car.

One way in which leasing and financing differ is the payment cycle schedule. When leasing a car, instead of paying a loan at the end of the month, you will pay your lease at the beginning of the month to cover the upcoming weeks.

Leases come with a pre-set mileage allowance per year. A three year lease with a 12,000/year mileage allowance should be returned with less than 36,000 miles to avoid overage charges.
Under-mileage: If your estimated mileage will be under your allowance, you can just return the vehicle at the end of the lease, however there is no credit for being under the mileage in the lease contract. If you purchased additional mileage (but didn’t use it), this is sometimes refundable.

Over-mileage: If your estimated mileage will be over your allowance you have three options—either arrange to drive the vehicle less, pay the mileage penalty at the end of the lease (typically $0.15-$0.30 per mile depending on the brand) or buy the vehicle at the end of the lease.

Leased vehicles must be returned in very good condition in order to avoid extra charges. It may be worthwhile to consider having a professional repair any dents or scratches before turning in the vehicle. If the tires have less than 1/8-inch tread, they should be replaced to avoid potentially costly tire replacement charges at the dealership.

Leasing Direct offers aftermarket products that can make the lease return process easier and more cost effective. If you purchased Safe Lease when you leased your vehicle, it will protect you anywhere from $2,500 to $5,000 (depending on the specific plan) of wear and tear damage including worn tires, dings, dents, scratches, wheel damage, windshield chips and interior stains and tears—and there’s no need to go through the hassle of getting these repaired.

Every leased car must be returned by the lease termination date on the contract. The vehicle can be returned to any dealer of the same brand. (If you are using Leasing Direct for your new vehicle you can just return your current leased car to us.) Some banks may offer a small grace period of a few days, but beyond that fees will begin to accrue

Frequently Asked Questions at Leasing Direct

Car leasing can come with a lot of questions, especially if you are new to the experience. If you ever need help filling out your lease application, have questions about our deals, or simply need advice on what you can afford, don’t hesitate to call one of Leasing Direct’s dedicated team members. At Leasing Direct, we are proud of the service we offer Brooklyn, NY drivers, and we look forward to helping you out!

Leasing Direct Inc. is an Auto broker. Leasing Direct Inc. Does not have any contract with any dealer, lessor, or any other person or entity for the provision of assistance in effecting a lease transaction. Leasing Direct Inc. may be compensated by the dealer, lessor or other person or entity for any assistance in effecting a lease transaction. Leasing Direct Inc. may contact multiple automobile dealers to locate a vehicle for you. Leasing Direct Inc. is not a registered new motor vehicle dealer but is an automobile broker. New York law requires disclosure of the fee, commission or other consideration paid or expected to be paid by the lessor to the automobile broker business in connection with a transaction involving the lease of a vehicle. Your vehicle comes with a manufacturer warranty as specified by the manufacturer and shall be serviced at a franchise dealership as specified by the manufacturer of your vehicle. No warranty repair services will be provided by the automobile broker business. No further warranty is implied or provided unless specified in writing.