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Leasing a car isn't always the best decision, especially if the cost will be more than financing a car. These are some reasons you may not want to lease a car: You Don't Own a 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.
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Currently, Auto Nation Group, Inc. (formerly known as CATS Motors, Inc.) is the general importer and distributor of Mercedes-Benz vehicles, parts and accessories in the Philippines. Its history traces back to 1989 when its founder Felix R. Ang opened CATS as a car accessories, tires sales and servicing business.
It sells performance auto parts, aftermarket accessories, tools, and race apparel. JEGS was founded by Jeg Coughlin Sr. in 1960 as a small speed shop. [1] Jeg's remained family owned and operated until 2022 when a majority stake of the company was purchased by Greenbriar Equity Group .
NAPA Auto Parts was established in 1925. [30] Some NAPA Auto Parts stores are owned and operated by GPC, but most are independently owned and operated. [31] There were approximately 6,000 NAPA Auto Parts stores in 2020. [30] GPC acquired UAP Inc. of Canada in 1998 and the Australian car parts supplier Exego Group in 2013.
Mitsubishi Motors Philippines Corporation (MMPC) (formerly Philippine Automotive Manufacturing Corporation) is the Philippine operation of Mitsubishi Motors Corporation (MMC), where it is the second-biggest seller of automobiles. [2]
The National Automotive Parts Association (NAPA, also known as NAPA Auto Parts), is an American retailers' cooperative distributing automotive replacement parts, accessories, and service items throughout North America. Established in 1925, NAPA is a division of Atlanta-based Genuine Parts Company.