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Vehicle remarketing is the controlled disposal of fleet and leasing vehicles that have reached the end of their fixed term. In vehicle leasing, after the lease expires, the lessee either returns the vehicle to the supplier or buys it. The vehicles that are not purchased by the driver become an unwanted asset for the fleet or leasing company ...
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.
The country in which a motor vehicle's vehicle registration plate was issued may be indicated by an international vehicle registration code, also called Vehicle Registration Identification code or VRI code, formerly known as an International Registration Letter [1] or International Circulation Mark. [2]
Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.
A model attribution edit summary is Content in this edit is translated from the existing German Wikipedia article at [[:de:Kfz-Kennzeichen (Mauritius)]]; see its history for attribution. You may also add the template {{Translated|de|Kfz-Kennzeichen (Mauritius)}} to the talk page. For more guidance, see Wikipedia:Translation.
A sale-and-leaseback is typically a commercial real estate transaction in which one party, often a corporation, sells its corporate real estate assets to another party, such as an institutional investor, or a real estate investment trust , and then leases the property back at a rental rate and lease term that is acceptable to the new investor ...
A novated lease is a motor vehicle lease which has been novated, that is, the obligations in the contract have been transferred from one party to another.. A lease is novated with a three way agreement (Deed of novation) between the lessee, the lessor (usually a finance company), and a third party, under which all parties agree that the third party will take on some or all of the lessee's ...
EC Whole Vehicle Type Approval (also called Pan European Type Approval) is intended to prevent trade barriers, and at the same time guarantee the level of safety and restricted environmental influence of a vehicle. Thanks to that, the car can be registered in each European member state without additional national tests or approval.