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For example, if you lease a 2023 Honda Pilot and exceed your mileage limit by 5,000, and your per-mile charge is 15 cents, you'll have to pay an extra $750 when you turn in your leased car.
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When leasing a car, people often forget to negotiate the cost of the vehicle, also called the capitalized cost. Instead, they focus on reducing monthly payments or lease terms. That is a mistake ...
Vehicle remarketing is the controlled disposal of fleet and leasing vehicles that have reached the end of their fixed term. In vehicle leasing, after the lease expires, the lessee either returns the vehicle to the supplier or buys it. The vehicles that are not purchased by the driver become an unwanted asset for the fleet or leasing company ...
Modern automobiles contain hundreds of on-board computers processing everything from vehicle controls to the infotainment system. These computers, called Electronic control units (ECU), communicate with each other through multiple networks and communication protocols including the Controller Area Network (CAN) for vehicle component communication such as connections between engine and brake ...
Return fraud is the act of defrauding a retail store by means of the return process.There are various ways in which this crime is committed. For example, the offender may return stolen merchandise to secure cash, steal receipts or receipt tape to enable a falsified return, or use somebody else's receipt to try to return an item picked up from a store shelf.
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