Q: Is now a good time to lease?

A: Because of volatile resale values, some automakers have cut back on leasing. Over the long run, leasing typically costs more than buying, though monthly payments are lower. Don't assume that lease payments shown in an ad are locked in; negotiate the car's price as if you were buying before discussing the leasing terms. If you already lease, it might be a good time to negotiate the buy-out price. Many automakers don't want the cars back at the end of the lease.

See our report on the pros and cons of leasing to find out if leasing is right for you.