What are the shortcomings of ‘traditional’ leasing?

Traditional closed-end leasing – offered by most car manufacturers – is based on a rental concept. A lessee pays an upfront fee and monthly payments for a fixed period of time. There are mileage limitations; hefty penalties for early termination; and the vehicle is eventually returned.

This type of rigid arrangement is unsuitable for most exotic, vintage and luxury car owners and collectors, who seek greater flexibility and lease terms suited to their own personal needs and preferences.