The car rental industry is booming, but many consumers may not realize they’re buying more expensive cars than ever.
That’s because most cars are sold with a low-mileage, or low-range, lease.
This is usually because most renters don’t realize they have a low lease rate.
The average car rental price in New England is $1,200 per month, according to data from Zillow.
That means renting a $10,000 car with a lease rate of $500 per month for 12 months would cost $1.3 million, which is about $400 more than buying the same car in the state with a lower lease rate at $2,000 per month.
The other reason for the low lease rates is because car companies are trying to cut costs to compete with Uber and Lyft.
In some cases, a car may be reserved for a single tenant and then leased to other people.
This type of leasing, which takes advantage of car rental companies’ inventory, is known as “rental consolidation.”
The bottom line is that a high lease rate can save you money.
If you can’t find a car that will fit your needs, try renting it for an extended period of time.
This way you can keep the car for at least a year and make sure you have enough room in your wallet for the car.