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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.
Car rental companies operate by purchasing or leasing a number of fleet vehicles and renting them to their customers for a fee. Rental fleets can be structured in several ways – they can be owned outright (these are known as 'risk vehicles' because the car rental operator is taking a risk on how much the vehicle will be sold for when it is ...
The last of them was the rocket-shaped La Jamais Contente, driven by Camille Jenatzy, which broke the 100 km/h (62 mph) speed barrier by reaching a top speed of 105.88 km/h (65.79 mph) in 1899. Electric cars remained popular until advances in internal-combustion engine (ICE) cars and mass production of cheaper gasoline- and diesel -powered ...
Arbuthnot sought a declaration that Havelet Leasing Ltd, whose plane and coach hire business had gone insolvent, had defrauded its creditors by transferring its business, assets and contracts to the related Havelet Leasing Finance Ltd. Arbuthnot had financed part of Havelet's business, and it owned some of the vehicles which were leased to Havelet.
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
General Motors of Canada Limited v City National Leasing: Citations: 1989 CanLII 133 (SCC), [1989] 1 SCR 641: Docket No. 19724 [1] Prior history: APPEAL from a judgment of the Ontario Court of Appeal, (1986), 28 DLR (4th) 158, allowing in part an appeal from a judgment of Rosenberg J, (1984), 12 DLR (4th) 273. Ruling
A sale leaseback enables a corporation to access more capital than traditional financing methods. When the real estate is sold to an outside investor, the corporation receives 100% of the value of the property. Traditional financing is limited to a loan-to-value ratio or debt-coverage-ratio. Help pay down debt and improve the company's balance ...
SWM Automobile has production and R&D institutions in Milan and a SWM Automobile Factory in Chongqing Fuling. The park covers an area of 1,704 acres, with a total investment of 4.5 billion yuan, and produces more than 300,000 passenger cars and 300,000 engines each year. [28]