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  2. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Unlike Personal Contract Hire, the leasing company can reclaim the VAT, and this means that the monthly payment would be less because: the interest charges are applied to the net-of-VAT cost price i.e. a car would be without the VAT, giving substantial savings on interest charges

  3. Lease - Wikipedia

    en.wikipedia.org/wiki/Lease

    The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: A lease in which the asset is tangible property. [3]

  4. Vehicle leasing - Wikipedia

    en.wikipedia.org/wiki/Vehicle_leasing

    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.

  5. Pros and cons of leasing vs. buying a car - AOL

    www.aol.com/finance/pros-cons-leasing-vs-buying...

    Leasing could get you more affordable monthly payments. But the cost savings may not be enough to justify the downsides of leasing, making purchasing a car the better choice. Leasing a car vs ...

  6. What To Know About Buying Out a Car Lease - AOL

    www.aol.com/know-buying-car-lease-131400860.html

    It depends on a few factors, such as what your car is worth. Check your lease contract to find the residual value, which refers to the expected worth of the car at the end of the lease. This is ...

  7. How to End a Car Lease Early - AOL

    www.aol.com/end-car-lease-early-222300634.html

    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 ...

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