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Higher Short-Term Expense. Although your car will eventually be paid off, you will likely end up paying more in the short term when you buy a car. Monthly car payments are higher than lease ...
Fits short-term living arrangements: Leasing might be a good option if you live in an area for a short time, such as when you're away at college. You have a car to drive for a few months, then you ...
If you are trying to keep your monthly spending in check, leasing a newer car tends to cost less month-to-month than buying one. Less money down. In addition to what you pay throughout the lease ...
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 ...
Consider the pros of leasing a car. When you lease a car, you sign a contract allowing you to drive it for a period, such as three or four years, after making a down payment, such as 10%.
A lease is a contractual agreement between a person who owns the property (lessor) and a person who gets to use it during the term of the lease (lessee). Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years.
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