Leasing is as simple as traditional financing but has several advantages. With traditional financing, you purchase a car or truck, make a down payment and agree to pay for the vehicle over the life of the finance contract - plus any interest on the loan. These loan agreements usually range between four and five years.

With leasing, you pay only the portion of the vehicle's worth that you anticipate using- over the term of the lease - plus any lease charges. By choosing Red Carpet Lease, you can select convenient terms from 24 through 48-months.

At the end of your Red Carpet Lease, you have three options after you fulfill all of your lease obligations:

• Return the vehicle and lease a new one, or
• Purchase the vehicle at a predetermined price and keep it, or
• Return the vehicle and walk away