A single-payment lease is a lease in which the consumer can pay all of the lease fees and payments at the beginning, along with the down payment.
This type of lease isn’t a likely option for most consumers. Spendthrifts who are concerned about spending this money and not being able to make monthly payments might choose this plan simply to keep the money out of their hands. A likely user is an affluent buyer who could pay cash to buy a car but wants to have a new vehicle every three years or so and doesn’t want to bother with selling or trading the old one.
Information for this was taken from the Cars.com’s glossary, written by Joe Wiesenfelder.
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