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The Federal Consumer Leasing Act requires that all leasing companies outline this information in your lease agreement. Check your lease contract to find out what options you have. An early lease ...
Leasing a car is a great way to get into a brand-new model every few years. If you fall in love with your lease, you might decide to buy the car at the end of the lease period.
A lease contract clearly states the number of miles you can drive during your lease period. If you're over your mileage limits, you'll probably owe a fine when you return the car.
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
Learn several differences between a lease payoff amount vs. buyout price when leasing a vehicle and explore your alternatives in different leasing scenarios.
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