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  2. Mistakes to avoid when leasing a car - AOL

    www.aol.com/finance/mistakes-avoid-leasing-car...

    7 mistakes to avoid when leasing a car. Leasing can lower your payments, but it can be very costly if you don’t pay attention to the fine print. ... Use an auto lease calculator to figure out ...

  3. Pros and cons of leasing vs. buying a car - AOL

    www.aol.com/finance/pros-cons-leasing-vs-buying...

    Here’s how to decide whether leasing or buying a car is right for you. ... The average lease payment for subprime borrowers, or individuals with credit scores between 501 and 600, was $638 ...

  4. 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.

  5. 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.

  6. How to calculate loan payments and costs - AOL

    www.aol.com/finance/calculate-loan-payments...

    Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387

  7. Hire purchase - Wikipedia

    en.wikipedia.org/wiki/Hire_purchase

    Hire purchase. A hire purchase (HP), [1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.

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