Leasing is often misunderstood by drivers in Butte. It's simple: leasing is like renting a car but for a longer period of time. While you may rent a car for a weekend, a lease will typically last 36 months. Remember: leasing is not a path to car ownership.

A lease allows drivers to take advantage of the latest and greatest performance and tech features from our flagship brands without the burden of full ownership. That being said, you want to keep your lease in impeccable condition to avoid fees when it comes time to return your vehicle.

After making a down payment, you will determine the monthly payment rate for your lease. You will also decide on an annual mileage limit. The lower the limit, the lower your monthly payment rate will be. If you don't intend to do any long-distance driving in your lease, you can probably get away with a 10,000-mile annual mileage limit. If you intend to go the distance, 12,000 and 15,000 mileage limits are customary.

Leasing is a great option if you have some excess cash and need to reap the benefits of a car while you're living in the Bozeman area for a few years. Simply return your lease in good condition, and you can either pick a new vehicle to lease or move on, no strings attached. Since leases are not a path to ownership, they are not advisable if you're looking to recoup your investment. This is where financing would be a better option.