A Project Genesis website

JewishAnswers.org

Ask the Rabbi: answers from Project Genesis rabbis

Ribis Interest on a Car Lease

Question: Is there a problem of violating the Jewish law against charging or paying interest when leasing a car from a Jewish owned leasing firm? 

Would it be better to avoid any questions and lease from a non-Jewish owned leasing firm?

Answer: Thank you for your question. If the lease is structured in a normal fashion, it is like any other rental and would not be a problem of Ribbis. There is no advantage of leasing from a non-Jew vs. a Jew.

Take care,

Rabbi Aaron Tendler