Lease A car with a
trusted auto broker
Lease a Car in Colorado Springs
Less hassle. Less stress. Less responsibility.
We help clients with car leasing opportunities by finding the right vehicle for their needs and ensuring the right terms for their lease.
How Does Leasing a Car Work?
Leasing is the use of a motor vehicle for a fixed period for an agreed amount of money.
When your lease term is up, you have the option of trading in the car or buying out the lease and owning the car outright. Most people choose to trade for a new car and continue leasing.


Is it Better to Lease or Buy a Car?
Why it Makes Sense to Lease:
- Want a new car frequently
- Want a lower monthly payment
- Don’t want to pay for repairs
- Don’t put a large number of miles on your vehicle
- Write off the payment for a business
Why it Makes Sense to Purchase:
- Plan to keep your car for a long time
- Can make a higher monthly payment
- Have funds for needed repairs
- Put a lot of miles on your vehicle
- Don’t have an opportunity for a write-off
Buy Vs. Lease
Finance a Car Purchase
Car loan: $31,000
Down payment: None
Monthly payment: $628
Total cost over life of loan (5 years): $37,700
Finance a Car Lease
3-Year Car lease (same car): $12,600
Down payment: None
Monthly payment: $350
Total cost over 9 years (new lease every 3 years): $37,800
Deciding between buying and leasing is a personal decision, and ultimately one only you can make. But if you’re overwhelmed with the choices in front of you, don’t worry! Our team is here to help you weigh all of your options to find the solution that best fits your wants and needs.
How Much Does it Cost to Lease a Car?
Every lease term is different but you should expect to pay the monthly payment x 36,
or whatever the monthly duration of the lease is.
Working directly with an experienced auto lease broker will help you navigate the terms
available to you and make a choice that best suits your financial situation.
Can You Lease a Used Car?
Price matters – especially when it comes to car leasing. Before you decide to lease a car rather than purchase,
there are three main cost factors to consider.
Yes, you can absolutely lease a used car – but we don’t recommend it.
These may be vehicles that were turned in at the end of their original lease period, or cars that were pre-owned and traded in. The benefits of leasing cars, in general, are always having a car under warranty – this removes that benefit.
In most cases, a used car is going to cost you more than leasing a new one.
Check out this video on the details of leasing used cars and why you should avoid it.
How to Lease a Used Car
The best way to lease a used car is through a car lease broker who can help you find exactly what you’re looking for. By working with a broker you can eliminate the exhaustion of used car shopping and you won’t be limited to what’s available at your local dealerships.
While it’s not something we usually advocate for, working with an auto broker will help you decide if leasing a used car is better for you than leasing a new one.


When is the Best Time to Lease a Car?
The most attractive leasing deals are usually available right after the newest model year of the car has been released.
This provides you with the option to lease the previous model year, and take advantage of depreciation in the market. This strategy makes the car less expensive to lease, especially if you’re looking for a lease that’s considered long-term and may have you driving that same car for a while.
How to Negotiate a Car Lease
Negotiating a car lease is similar to negotiating to buy a car. It’s tiresome, time-consuming, and leaves most buyers feeling confused.
While some people were born to negotiate, not everyone can go toe to toe with a pushy dealership. Fortunately, for individuals who are nervous or unsure about negotiation, there are steps you can take to ensure you get the best deal without having to ever deal with a salesperson.
When you work with an Auto Broker for leases, the best available deals/terms are delivered directly to you, eliminating the need to haggle with a salesperson or dealership.

What Happens at the End of a Car Lease?
At the end of a car lease, you’ll generally return the vehicle. You’ll have the option to lease a new one and start on another lease term, buy the car outright, or buy a different car.
No matter what you decide, we’ll help you figure out what the best course of action is at the end of your lease.
Check out this quick video that covers more details of what happens at the end of your lease.

How to End a Car Lease Early
Life is full of surprises and sometimes you need to end a car lease early. If a change in your circumstances makes leasing no longer feasible, ending a lease is relatively easy.
Be prepared to pay your monthly payment x the number of remaining payments, plus the turn-in fee, and fees related to excess wear and tear/mileage overages.
For more information on ending your lease early check out this quick video guide.
How to Extend a Car Lease
It’s usually pretty easy to extend your car lease. Calling your lender is the best way to handle the issue because they manage the details that apply to your specific lease agreement.
For most lenders, keeping the car longer and adjusting your lease agreement isn’t a problem, as long as you’ve been making timely payments.
Can You Refinance a Car Lease?
Unlike refinancing a car your purchase, you cannot restructure a lease. You can buy it out and finance it with a bank or credit union.
Credit Score Questions for Auto Leases
What Credit Score do You Need to Lease a Car?
Credit score minimums vary based on lenders, leasing companies, and brokers alike. When you work with an auto lease broker all of your leasing needs are handled in one place so you’ll know upfront what credit score is needed to qualify. Much like an auto loan, you’ll get better terms and conditions on your lease with a credit score above 700.
Does Leasing a Car Build Credit?
Since leasing a car requires financing, there’s a money factor to consider when it comes to your credit score. The lease you have will help you build credit, and will be reported to the credit bureaus by your lender. Not only does that work to improve your credit score over time, but it can also help you get an even better rate and terms when you lease another car in the future.
Just like leasing can help build credit, though, it can also damage your credit if you don’t make your payments on time. Be sure you take your lease seriously, and understand that it’s having an impact on getting credit in the future.

Is Leasing a Car Right for You?
We understand leasing isn’t for everyone. But for those that can align to the following benefits,
leasing might be the answer you’ve been looking for:
No more major car repair costs
Lower monthly payments
Reliable transportation
Quick and painless process
Vehicle in pristine condition
Get a new car every 3 years!
Why Leasing a Car Through an
Auto Broker is the Smartest Choice
Our team has the resources and inventory available to help you find the perfect car on terms that make sense for you. We’ll then begin our search by sourcing over 300,000 vehicles across the country to find the one you love most. Ditch the dealership and take the hassle out of car leasing once and for all!
Get In Touch
(719) 528-8700
Location
5145 N Academy Blvd Ste 110
Colorado Springs, CO 80918
rhaskins@myautosearchusa.com
Open Hours
Mon: 9am – 5pm
Tue: 9am – 5pm
Wed: 9am – 5pm
Thur: 9am – 5pm
Fri: 9am – 5pm
Sat: By appointment only