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Read the fine print on your lease, but one thing is certain: it is not the consumer's responsibility to help dealers find room to take a leased car back.
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.
Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...
For a commercial tenancy of more than a year, the new tenancy is year to year; otherwise it is the same period as the period before the original lease expired. In either case, the landlord can raise the rent, so long as the landlord has told the tenant of the higher rent before the expiration of the original lease.
Don’t buy your car at the end of your lease without reading this guide first.
Rental car reimbursement coverage is a coverage type on standard auto policies that pays for the cost of a rental car (up to your policy limits) while your vehicle is inoperable due to a covered ...