Availing of a car lease instead of taking a car loan to buy a car might seem to be a bright idea, but there are many aspects of a car lease that you must check out before plunging into it. The various angles that you should investigate are:Down Payments The first aspect that you should look into is, whether you need to make any down payment for the car lease. Normal leasing practices do not envisage any upfront payments and as such, if you are being asked to make a down payment, you should reconsider your decision. Moreover, the money that you will pay upfront is non-refundable when your car lease ends. You should also consider the fact that if the car gets damaged or stolen, the loss and the gap cost will not be covered by your car insurance company.Mileage Limits Another important aspect of a car leas loan repayment calculator e is that the leasing companies set a mileage limit of 45,000 miles over a three-year period and in case, you exceed it, you might have to pay an additional 20 cents for every excess mile. Most people find that 45,000 miles for 3 years or 15,000 miles per year is insufficient for the amount of travelling that they do. As such, you?ll have to pay nearly $2,400 in excess mileage on an average extra 4,000 miles per year. If you do go in for leasing a car, you should try to negotiate for the extra mileage at the time of taking the lease. Sales Tax Many dealers will try to hoodwink you in various ways. It?s, therefore, essential to read the fine print before signing for a car lease. The dealer might advertise for the lease rates and monthly payments, but he might not include sales tax, registration or title fees.