When it comes to sturdy, high-performance luxury cars that have been on America's roads for the longest time, Cadillac definitely stands tall. The automaker produces vehicles with a unique panache that leaves everyone dreaming of owning one. Unsurprisingly, even celebrities are more inclined to make a Caddy their daily driver.

Cadillac is a main-stay in the luxury vehicle market, particularly known for the stately Escalade and high-performance V-Series cars. However, in the recent past, the brand has impressed car-enthusiasts with midsize SUVs aimed at customers looking for an everyday ride, specifically the XT5 model.

Electric cars have been touted as the future of the automobile industry, and Cadillac is the latest brand to join the fray. The automaker unveiled its first electric car, the Cadillac Lyriq, in early 2022, and the battery-electric crossover is already turning heads in the industry. The 2024 Lyrid recently got announced and is expected to appease the brand's faithful, who wanted to ditch their SXR crossovers and DTS sedans and go green.

Leasing a car can be a smart financial decision for those who want to drive a new vehicle every few years without the commitment of ownership. When you lease a car, you're essentially renting it for a fixed period and paying for the vehicle's depreciation during that time.

However, leasing a car can be confusing, with various terms and fees that can add up quickly. In this guide, we'll walk you through the five steps of how to lease a car and the factors to consider before making a leasing decision.