How long should you lease a car?
Although the average lease lasts for 36 months, and 24-month leases are not uncommon, short-term leases of less than two years may require a little extra legwork. The Bottom Line. Much of the decision between buying and leasing a new car, truck, or SUV comes down to your annual mileage and how long you plan to keep the vehicle: Leasing is often the right choice if you prioritize a lower monthly cash outlay and want to drive a new, premium-trim vehicle every few years.Leasing typically requires lower upfront costs and monthly payments compared to purchasing, making it an attractive option for those on a tight budget.