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  2. What Is Car Leasing? Pros and Cons of Leasing a Car - AOL

    www.aol.com/car-leasing-pros-cons-leasing...

    Open-End vs. Closed-End Lease Leases have either open-end or closed-end terms. An open-ended lease means the dealer will calculate the value of the car after you return it at the end of the lease.

  3. Closed-end leasing - Wikipedia

    en.wikipedia.org/wiki/Closed-end_leasing

    Open-ended(conventional) motor vehicle leases generally include a provision for determining the amount of "excess wear and tear" (or "wear and use") at the end of the lease term, for which the lessee is responsible upon returning the vehicle. [2] Closed-end leases have become very popular for automobile buyers in North America since the mid ...

  4. Accounting for leases in the United States - Wikipedia

    en.wikipedia.org/wiki/Accounting_for_leases_in...

    The lessor transfers ownership of the asset to the lessee at the end of the lease term. A bargain purchase option is given to the lessee. This is an option that allows the lessee, upon termination of the lease, to purchase the leased asset at a price significantly lower than the expected fair market value of the asset. The life of the lease is ...

  5. Vehicle leasing - Wikipedia

    en.wikipedia.org/wiki/Vehicle_leasing

    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.

  6. Open-End vs. Closed-End Funds: Here’s the Difference ... - AOL

    www.aol.com/finance/open-end-vs-closed-end...

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  7. Open-End Funds vs. Closed-End Funds: A Guide - AOL

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  8. Finance lease - Wikipedia

    en.wikipedia.org/wiki/Finance_lease

    the lessee has the option to acquire ownership of the asset (e.g. paying the last rental, or bargain option purchase price). A finance lease has similar financial characteristics to hire purchase agreements and closed-end leasing as the usual outcome is that the lessee will become the owner of the asset at the end of the lease, but has ...

  9. A Comprehensive Guide to Leasing vs. Financing a Car

    www.aol.com/comprehensive-guide-leasing-vs...

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