Getting More Car for Less Cash

For many of today's drivers, auto leasing is the only way to go

When Carol Inkley went shopping for a new car earlier this year, she faced a supply-side problem: a pending divorce had left her with little to spend and nothing to trade in. Inkley, a Chesterfield, Mo., interior-design coordinator, solved her dilemma by signing a four-year auto lease that avoided the hefty down payment a normal car loan would have required. Cost of the lease: $239.04 a month. She drove home in a new white Honda CRX complete with automatic transmission, air conditioning and AM-FM radio.

Taking a cue from Corporate America, more and more people these days are shopping for cars...

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