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Another way to lease a used car is to take over an existing lease. ... When you lease a CPO car, the vehicle will likely have some degree of wear and tear. Depending on the model year, the 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 ...
Once your lease ends, you might have the option of buying the car outright or returning it.This will depend on the agreement you made with the dealership. If you choose to return the leased ...
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.
Monthly lease payments are determined by the anticipated value of the car when your lease term is over. This is why your lease term typically covers just the depreciation of the vehicle over the ...
Car leases usually allow lessees to either return the car, trade it in for another, or buy it at the end of the lease period. Buying a leased vehicle might be the right move for some people, but ...
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