10/15/2026
If you pay $600 a month for your car, is that what it actually costs you to drive it? 🤔 Most of the time, the answer is no.
When you factor in a $5,000 down payment and trade out of the vehicle after three years owing $4,000 in negative equity, that $600 payment quietly jumps to about $850 a month before factoring in a single oil change or set of tires. 🚗
In Episode 12 of Inside the Lease, host Brian Estridge sits down with Kelly Strausser and Chase Kennemer from D&M Leasing to break down the hidden costs of retail ownership, how negative equity compounds from one loan to the next, and how guaranteed residual values protect your monthly budget.
Watch the full episode here:
When you look at your driveway, it is easy to assume your car costs...
