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Lease agreements typically stipulate an early termination fee and limit the number of miles a lessee can drive (for passenger cars, a common number is 10,000 miles per annum though the amount can be stipulated by the customer and can be 5,000 to 25,000 miles per year). If the mileage allowance is exceeded, fees may apply.
For example, if you exceed the mileage limit by 5,000 miles, you could end up owing an extra $1,500 — at 30 cents per mile — when you turn the car in at the end of the lease. 5. Not ...
While each company offers its own warranty coverage, most CPO cars have a limited warranty that lasts for up to one year or 12,000 miles, whichever comes first. Cons of Leasing a Used Car
Your options for leasing a vehicle can be limited when you have bad credit. Depending on your score, you might find that some dealers will not work with you. In addition, you might only be able to ...
Practically everywhere you look within the auto industry at the moment, you're likely to see green arrows as sales of cars and light trucks in the U.S. zoomed higher by 7.6% in 2013 to 15.6 ...
2019 Hyundai Elantra GT. Starting MSRP: $19,450 Total 5-year depreciation: $11,192 Monthly loan payments at 5% APR: $294 Total loan payments over 5 years with 20% down: $21,530 Monthly lease ...
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