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The average car lease costs $487 per month. In comparison, the average car payment for a new car is $548. In comparison, the average car payment for a new car is $548.
What is car leasing? Find out everything you need to know about leasing a car, including the pros and cons and how to get the best lease rate.
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.
In 2024, car sales were down so automakers and dealerships could be looking to make back some money by lowering lease prices. Learn More: 2 Reasons New Car Prices Will Crash in 2025
The refineries in Western Washington produce gasoline and diesel fuel that is primarily used for transportation; prices for gasoline in the Seattle metropolitan area are among the highest in the United States, averaging 45 cents higher than the national average from 2017 to 2021, due to a more limited wholesale market. [402]
The expression "operating lease" is somewhat confusing as it has a different meaning based on the context that is under consideration. From a product characteristic standpoint, this type of a lease, as distinguished from a finance lease, is one where the lessor takes larger residual risk, whereas finance leases have no or a very low residual value position.
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Washington is the twelfth richest state in the United States of America, with a per capita income of $22,973 (2000) and a personal per capita income of $33,332 (2003). Washington counties ranked by per capita income
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