How Much Money do I Need Up Front to Lease a Vehicle?

So, that’s complicated.

It’s pretty much either zero or a whole damned lot, depending on your circumstances. One of the most attractive reasons to lease is that it keeps your cash in the bank, and leases have evolved to largely not require money up front, other than the first payment.

However, leasing is also a way for startups to finance their vehicle fleets, and the requirements for startups usually include a substantial security deposit, often 20-30% of the vehicle cost.

Maintenance is another cost you can always count on when operating a fleet. Does the leasing company handle that? Read here to find out.

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