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Why have lease payments increased so much since 2020?

Several factors combined to push lease payments higher: vehicle prices rose sharply during the chip shortage (2021-2023), interest rates climbed as the Federal Reserve raised its benchmark rate, and residual values became less predictable as the used-car market fluctuated. While conditions have stabilized somewhat in 2026, average payments remain higher than pre-pandemic levels.

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Testimonials

What Our Customers Say

People come for the number. They stay for how easy we make it.

Read About Their Experience
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process could not have been easier, everyone should get their car this way - save yourself time and money and the team is great!

process could not have been easier, everyone should get their car this way - save yourself time and money and the team is great!

Jamie Tanker

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My car leasing experience with Vantage was fantastic. Sean took an overwhelming decision and process and made it so easy. He was available morning, noon, and night as well as weekends. He never pressured me and simply gave me facts and possibilities and recommendations. The experience was really amazing from the start and I’m extremely grateful for his help in making the car leasing process manageable. I would recommend him to anyone and everyone looking to buy or lease a car. Sarah

My car leasing experience with Vantage was fantastic. Sean took an overwhelming decision and process and made it so easy. He was available morning, noon, and night as well as weekends. He never pressured me and simply gave me facts and possibilities and recommendations. The experience was really amazing from the start and I’m extremely grateful for his help in making the car leasing process manageable. I would recommend him to anyone and everyone looking to buy or lease a car. Sarah

Sarah Lieberman

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

I just got my 3rd car through Vantage Auto. The process has always been seamless. I've mostly worked with Sarah and she's always very responsive. She finds out what we want and our approximate budget and is quick to tell me what my options are - including some out of the box ideas. She's able to find good deals on cars we may not have previously considers. Sarah coordinates everything including test drives, picking up your old car, and delivering the new car. I've been very happy with the service I've received from Vantage and highly recommend them for your car shopping needs.

I just got my 3rd car through Vantage Auto. The process has always been seamless. I've mostly worked with Sarah and she's always very responsive. She finds out what we want and our approximate budget and is quick to tell me what my options are - including some out of the box ideas. She's able to find good deals on cars we may not have previously considers. Sarah coordinates everything including test drives, picking up your old car, and delivering the new car. I've been very happy with the service I've received from Vantage and highly recommend them for your car shopping needs.

Josh Sobin

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
David, Omar, and the team at Vantage are awesome! The process was only a couple of days and they were able to secure my lease with much better terms than what the dealer was offering direct. Would highly recommend working with them if you’re in need of a new lease!
David, Omar, and the team at Vantage are awesome! The process was only a couple of days and they were able to secure my lease with much better terms than what the dealer was offering direct. Would highly recommend working with them if you’re in need of a new lease!

Trent Broderick

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
This was any easy, seamless experience. All of the details were taken care of and my questions were answered immediately. I am definitely going to remember this group for future purchases!!
This was any easy, seamless experience. All of the details were taken care of and my questions were answered immediately. I am definitely going to remember this group for future purchases!!

Vicki Sarnoski

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Josh Miller

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Fantastic to work with. Everyone on the team was great. They personally worked with us on pricing and model requests. Can’t recommend Vantage enough.

Fantastic to work with. Everyone on the team was great. They personally worked with us on pricing and model requests. Can’t recommend Vantage enough.

Ken Hurd

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

I recently leased a car through Vantage Auto Group in Watchung, NJ, and worked directly with Sean Ulsaker. The experience was nothing short of remarkable. No pressure, no obligation, no haggling—just honest, efficient, and top-tier service.My car broke down on a Monday. I contacted Sean, and by Thursday, I had a new vehicle delivered to my place of business. He guided me through car recommendations, arranged test drives the very next day, handled all the paperwork, and made the entire process seamless. I didn’t even have to leave my office.From now on, I’ll be working exclusively with Vantage Auto and recommending them to anyone looking for a stress-free car leasing experience. Sean and the team truly go above and beyond. thank you Sean for the excellent service. First time leasing a car and not having to take headache pills.Again, thanks! Manny Barrueco

I recently leased a car through Vantage Auto Group in Watchung, NJ, and worked directly with Sean Ulsaker. The experience was nothing short of remarkable. No pressure, no obligation, no haggling—just honest, efficient, and top-tier service.My car broke down on a Monday. I contacted Sean, and by Thursday, I had a new vehicle delivered to my place of business. He guided me through car recommendations, arranged test drives the very next day, handled all the paperwork, and made the entire process seamless. I didn’t even have to leave my office.From now on, I’ll be working exclusively with Vantage Auto and recommending them to anyone looking for a stress-free car leasing experience. Sean and the team truly go above and beyond. thank you Sean for the excellent service. First time leasing a car and not having to take headache pills.Again, thanks! Manny Barrueco

Manny Barrueco

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
Amazing! Experience from initial contact to delivery of my car was seamless and transparent. Ask for Debbie, she will take care of you and make your experience so easy, you’ll never step foot in a dealership again. She was excellent, responsive, personable and such a delight. 100% recommend Vantage, and Debbie Amster!
Amazing! Experience from initial contact to delivery of my car was seamless and transparent. Ask for Debbie, she will take care of you and make your experience so easy, you’ll never step foot in a dealership again. She was excellent, responsive, personable and such a delight. 100% recommend Vantage, and Debbie Amster!

Jeremy J

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