Smart Money

Do you actually need GAP insurance on a lease?

If a leased car is written off, you could owe more than the insurer pays out. GAP cover closes that gap.

Mileage caps and excess fees, explained

Every lease has a mileage limit. Choose it wrong and the excess charges can sting at the end.

Hidden costs to check before you sign a lease

The monthly is just the start. Deposits, fees, insurance gaps and exit penalties can change the maths.

How to read the real interest rate on a lease offer

Monthly payments hide the rate on purpose. Here's how to uncover the effective APR — and why it matters.