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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.
MotorMag is a Mauritius car magazine, published monthly, and concentrating on cars and motorcycles test drives. It was launched in 2007 and is now published by Dubourg Editions Ltd. The magazine features news, road tests and buyers guides of both cars and motorcycles. The reviews and news are written mostly in French but sometimes in English also.
Microstates such as San Marino, Andorra and Liechtenstein have high rates of car ownership. Countries and territories listed by the number of road motor vehicles per 1,000 inhabitants are as follows. Population figures are from the United Nations Statistics Division unless otherwise specified. [1]
Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
The summary chart includes the five largest worldwide automotive manufacturing groups as of 2017 by number of vehicles produced. Those same groups held the top 5 positions 2007 to 2019; Hyundai Motor Group had a lower rank until it took the fifth spot in 2007 from the at that time split German-American auto manufacturer DaimlerChrysler, while Ford became surpassed by Honda in 2020, and even ...
With a total sales of 250,790 for the year of 2002, it became the best-selling vehicle in Japan, which is a first for a Honda model. [76] By September 2003, a little more than two years after the car was first sold, Fit reached 500,000 sales in Japanese market.
The bestselling car in America in a single year, with 1,046,514 sold in 1965 including the Impala SS. [61] Hybrid electric vehicle: 2017 Toyota Prius: Toyota Prius: 1997–present 5,000,000 in four generations up to September 2022. [115] Combined sales of the Prius family nameplate totaled over 6,000,000 units in January 2017. [116]