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The company announced today that customers can now lease its flagship SUV, the R1S. While the brand has expanded it to customers in one more state, Illinois, where the vehicles are manufactured, it remains exclusive to residents of 15 states. This translates to an estimated monthly lease payment of around $1,056 on a 36-month term.
In automotive terms, a lease deal allows you to drive a vehicle for a set period, typically two to four years, while making monthly payments that cover the vehicle’s depreciation over that time. Be Prepared to Walk Away Feeling compelled to close a deal can lead to less-than-favorable terms. Heres how: 1.
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