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2. What Is Residual Value When Leasing a Car? Plus How to ... - AOL

   www.aol.com/residual-value-leasing-car-plus...

   In an open-end lease, if the value of the car is less than the salvageable value, the lessee might need to pay for the difference between the salvageable value and the car's fair market value.

3. 5 costs to consider before leasing a car - AOL

   www.aol.com/5-costs-consider-leasing-car...

   Residual value plays a role in determining the size of monthly payments—if a new car is valued at $35,000 and has a residual value of $20,000 after three years, the cost to lease is $15,000 plus ...

4. What Is Car Leasing? Pros and Cons of Leasing a Car - AOL

   www.aol.com/car-leasing-pros-cons-leasing...

   You'll have a car payment with both a lease and a loan. However, lease payments tend to be slightly cheaper than car payments. ... You can calculate your car's money factor by asking the ...

5. Accounting for leases in the United States - Wikipedia

   en.wikipedia.org/wiki/Accounting_for_leases_in...

   To understand and apply this criterion, you need familiarize yourself with what is included in the minimum lease payments and how the present value is calculated. The minimum lease payments include the minimum rental payments minus any executory cost, the guaranteed residual value , the bargain purchase option, and any penalty for failure to ...

6. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   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.

7. Vehicle leasing - Wikipedia

   en.wikipedia.org/wiki/Vehicle_leasing

   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.