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In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the lease term. Closed-end leases are not used for property which increases in value. In most cases, when a closed-end lease is entered, the lessor does not already own the property being leased.
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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.
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
Leasing could get you more affordable monthly payments. But the cost savings may not be enough to justify the downsides of leasing, making purchasing a car the better choice. Leasing a car vs ...
2024 Honda Prologue. Monthly payment: Starting at $229 Lease term: 36 months Due at signing: $1,299 Editor’s note: Lease deals were sourced from Electrek.co and are accurate as of November 2024 ...
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