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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 ...
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The engine is a 1.5 L (92 cu in) i-VTEC 4-cylinder with 117 hp (119 PS; 87 kW) at 6,600 rpm mated to a five-speed manual transmission or a five-speed automatic transmission. The second-generation Honda Fit went on sale in North America on August 26, 2008, for the 2009 model year.
The leasing program began in July 2008 at a price of US$600 per month for three years which includes collision coverage, all maintenance and roadside assistance. [40] Honda announced Power Honda Costa Mesa, Honda of Santa Monica and Scott Robinson Honda as the initial dealers, which were chosen for their proximity to hydrogen refueling stations.
6. Understand the Types of Leases. Choose a car lease that fits your needs. Here are common types of leases: Closed-end lease: a closed-end lease is the most common type of lease and has a set ...
Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.
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