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Leasing can be riskier than buying a car outright (or financing a car purchase with a loan). Leasing companies charge fees for lots of things, like going over the mileage and returning the car ...
Using that example, if you were to lease a car with an MSRP of $40,000 and a depreciation rate of 50%, the residual would be $20,000 and your monthly lease payments would be around $555.
Leasing a car is a lot like financing one, except that the types of fees you'll pay are different. Additionally, you won't own the vehicle when your lease ends. Instead, you'll return the car ...
Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies. A small number of cars are financed directly by the dealership at "Buy Here Pay Here" dealers, which cater to customers with subprime credit. Buy Here Pay Here financing accounts for 6% of the total ...
The Equipment Leasing Association of America estimates that $600 billion worth of equipment was acquired through leasing in 2007. This represents 1/3 of all new equipment acquired by the business. [3] The Canadian leasing industry is proportionately larger, with "over $106.6 billion of financing in place with Canadian businesses and consumers." [4]
Other energy sources include ethanol, biodiesel, propane, compressed natural gas (CNG), electric batteries charged from an external source, and hydrogen. Canada, like most countries, has excise taxes and other taxes on gasoline, diesel, and other liquid and gas motor fuels (collectively called fuel taxes ), and also taxes electricity at various ...
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