In 1998 the Federal Reserve Board took a giant step toward clearing up consumer confusion about car leasing by imposing a standard contract on car dealers. When you lease a car the dealer charges you for interest on the total amount of money the leasing company has sunk in your car.
Few people understand whether they're getting competitive financial terms.
Consumer Reports , 62. This web site is supported in part by the University of Missouri Outreach and Extension Outreach Development Fund . McKinnon Diana Hammond University Outreach and Extension does not discriminate on the basis of race, color, national origin, sex, religion, age, disability or status as a Vietnam-era veteran in employment or programs.