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  2. 5 costs to consider before leasing a car - AOL

    www.aol.com/5-costs-consider-leasing-car...

    Mileage fees. One decision to make when leasing a car is selecting how many miles you expect to drive it. Three-year leases typically offer options of 10,000, 12,000, or 15,000 miles annually.

  3. Residual value - Wikipedia

    en.wikipedia.org/wiki/Residual_value

    It is one of the constituents of a leasing calculation or operation and is a key concept in accounting. It represents the amount of value that the owner of an asset can expect to obtain when the asset of its lease or when it reaches the end of its useful life. [1] [2] Example: A car is sold at a list price of $20,000 today.

  4. 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.

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

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

    An open-ended lease means the dealer will calculate the value of the car after you return it at the end of the lease. If you maintain it well and it's worth more than expected, you could receive a ...

  6. 9 Things To Consider Before Leasing a Car To Get the Best Deal

    www.aol.com/7-things-consider-leasing-car...

    To lease a car, you only need to make a down payment followed by affordable monthly payments for the term of the lease. ... Lease period. Mileage limit. Buyout price. Money factor, which is a ...

  7. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [2] Roughly 30% of new vehicles during the same time period were leased. [2] There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly.

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