---
id: faq-0098
title: "What is a car lease and how does it work?"
category: faq
subtopic: leasing
page_type: faq
source_url: "https://www.castlevwcars.com"
tags: ["leasing", "rent", "monthly-payment", "how-it-works"]
questions:
  - "What is a car lease?"
  - "How does leasing work?"
  - "What's the difference between leasing and buying?"
  - "How is a lease different from financing?"
related: [lease-vs-buy, lease-terms]
dealer: Castle Volkswagen of Schaumburg
---

A car lease is essentially a long-term rental. You pay a monthly fee to drive a new vehicle for a set period (typically 2-4 years), then return it. You never own the car, but you enjoy driving something new with the latest features, warranty coverage, and minimal maintenance responsibility.

Leasing is ideal if you like driving new cars every few years, want predictable monthly payments, and prefer not to worry about repairs or resale value. It's different from financing, where you own the car and build equity.

Ready to explore lease options? Call our Finance team at **(847) 593-4700** to discuss terms and available vehicles, or browse our new inventory online to find the perfect lease candidate.