Applying for Auto Lease is a great alternative to purchasing a car. Auto Lease can save you hundreds of dollars a year on your maintenance expenses. Selecting your auto lease company is also important as each auto lease will have different rates. The main determinant of your auto lease rate is usually your credit score. Most of the leases last 1 year with an option for your lease to last up to 3 or 5 years. Your auto lease dealer might be able to work out a better auto lease deal for you if you select a long-term multi-year auto lease plan.