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Leasing can be riskier than buying a car outright (or financing a car purchase with a loan). Leasing companies charge fees for lots of things, like going over the mileage and returning the car ...
Whether you lease a new or used car, you must provide the lender with a copy of your driver's license. Make sure your driver's license information is up to date and matches your lease application ...
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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 outlay.
When leasing a car, people often forget to negotiate the cost of the vehicle, also called the capitalized cost. Instead, they focus on reducing monthly payments or lease terms. That is a mistake ...
Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies. A small number of cars are financed directly by the dealership at "Buy Here Pay Here" dealers, which cater to customers with subprime credit. Buy Here Pay Here financing accounts for 6% of the total ...
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