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5 dumb car leasing mistakes to avoid

Car leasing missteps
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Car leasing missteps | iStock.com/skynesher

Car leasing missteps

Consumers who lease a car usually do so because they get the chance to drive newer, "better" model cars for less money than the cost of a purchase.

But drivers who want to lease a car should make sure they read the fine print before signing a contract, says Philip Reed, senior consumer advice editor at auto research site Edmunds.com.

"People make a lot of mistakes when setting up their car leases, and it can cost them a lot of money," he says. Here are five common car leasing mistakes that consumers should avoid.

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