Several factors influence the monthly cost of car leasing. Firstly, the car itself. Luxury cars or performance vehicles typically cost more than your average economy car. The OTR (On-The-Road) price, is the car's overall price and directly affects the lease payment. A more expensive car will translate to a higher monthly lease cost. Longer lease terms (48 months) typically have lower monthly payments because the cost of the car is spread out over more months. Conversely, shorter leases (24 months) have higher monthly payments as you're paying for the car in a shorter timeframe. However, this isn't always the case as sometimes 24-month contracts can be cheaper overall. Leases with higher mileage allowances generally cost more per month. This reflects the expected depreciation based on how much you'll be driving the car. More mileage equals more depreciation for that vehicle. Putting down a larger initial payment upfront, such as a 12-month initial rental, reduces the amount financed over the lease term, resulting in potentially lower monthly payments. Including maintenance costs in your lease agreement can also increase the monthly payment. By understanding these factors and being quick when it comes to flash lease deals, you can secure a car lease that fits your needs at a competitive monthly cost.