Imagine all the benefits that could be yours with lower down payments as well as lower monthly payments. The money you save could be put to immediate use...toward your savings or retirement account, the kids' college accounts, your business, or anything you choose.

Here's why a Vanguard Lease makes sense:

• Lower monthly payments.
• Variety. If you don't want to pay for and keep your car over six or seven years, drive a different vehicle every few years by using lease financing.
• More comfort, more fun. Enjoy driving the car you really want to drive. A bigger, more luxurious car, the sports car you've always wanted, or a car loaded with options — all at a low monthly payment.
• No "trade-in problems." Enjoy the freedom to return the vehicle at the end of the lease without the hassle of negotiating a trade-in or selling the car yourself
• Avoid depreciation risks. It makes good sense to "buy things that appreciate, but not things that depreciate." For most people, their car is their most highly depreciating possession. Invest your money in things that appreciate, and let Vanguard accept the depreciation risk on the vehicle.
• GAP insurance included in your lease. (This insurance covers the difference between what you owe on your lease and what your insurance company will pay in the event of a "total loss.")
• Fixed Purchase Option. Know in advance the amount you can buy the car for at the end of the lease, if you would like to own it.