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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.
LeasePlan is an international company of Dutch origins, specialised in automobile leasing and fleet management - its products are composed of operational fleet management services. Founded in 1963, [2] [3] it has more than 14% of its approximately 6,600 employees working out of the Netherlands.
Arbuthnot sought a declaration that Havelet Leasing Ltd, whose plane and coach hire business had gone insolvent, had defrauded its creditors by transferring its business, assets and contracts to the related Havelet Leasing Finance Ltd. Arbuthnot had financed part of Havelet's business, and it owned some of the vehicles which were leased to Havelet.
Leasing or subscriptions are popular in some countries, [73] [74] depending somewhat on national taxes and subsidies, [75] and end of lease cars are expanding the second hand market. [ 76 ] In a June 2022 report by AlixPartners, the cost for raw materials on an average EV rose from $3,381 in March 2020 to $8,255 in May 2022.
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
The expression "operating lease" is somewhat confusing as it has a different meaning based on the context that is under consideration. From a product characteristic standpoint, this type of a lease, as distinguished from a finance lease, is one where the lessor takes larger residual risk, whereas finance leases have no or a very low residual value position.
The E-segment is the 5th category of the European segments for passenger cars, synonymous with the term executive car. [ 1 ] [ 2 ] [ 3 ] E-Segment is a niche in Europe (2-3% penetration in 2010s).
The D-segment is the 4th category of the European segments for passenger cars, and is described as "large cars". [1] [2]It is equivalent to the Euro NCAP "large family car" size class, [3] and the present-day definition of the mid-size car category used in North America.