Mention auto-leasing and most people will automatically assume a low-
monthly payment. There is actually more than what meets the eye, and a
number of fees are involved at various stages of the lease process.
At the beginning of the lease, you have to pay a refundable security
deposit, typically equivalent to one monthly payment, to safeguard against
non-payment and any incidental damage done to the car at the end of the
lease. You are also required to pay an administrative charge, called
acquisition fee. Other fees include licenses, registration, title and any
state or local taxes.
During your lease, and you expected to honour your monthly payment
obligations. Any failure to do so will result in late-payment charges.
You have to pay any traffic tickets, emission and safety inspections and
ongoing maintenance costs. Ending your lease early will result in
substantial early termination charges.
At the end of the lease, expect to pay any excess mileage costs, charged
at 10 to 20 p a mile. Any incidental damage done to the car, and deemed to
be above normal, will result in excess tear-and-wear charges. Finally, if
you choose not to purchase the vehicle, then you have to pay a disposition
fee.
Go Green And Save On Your Lease
Beginning in 2006, businesses and taxpayers who lease, or purchase,...
go-green-and-save-on-your-lease.php
Leasing With Bad Credit
Credit score is a measure of your credit worthiness used by leasing agentsto determine whether you are eligible f...
leasing-with-bad-credit.php
Lease Trading
Trading a lease is the best option for people who want to terminat...
lease-trading.php
Auto Insurance And Leasing
When you lease, the vehicle that you will drive belongs to the leasing company. They want to make sure that their i...
auto-insurance-and-leasing.php
Leasing Used Cars Explained
Leasing a used vehicle can be an attractive deal in many ways, no least getting you into that luxury model or S...
leasing-used-cars-explained.php
Luxury Cars And Resale Values
The most determining factor when it comes to resale v...
luxury-cars-and-resale-values.php
Leasing And Your Credit Score
The leasing contract stipulates that you make regular, monthly payments over your lease term. The credit ...
leasing-and-your-credit-score.php
How To Calculate Your Lease Payment
Actually, it’s not that difficult! Once you understand all the figur...
how-to-calculate-your-lease-payment.php
How To Spot A Good Car Lease
So how do you spot a good deal? ...
how-to-spot-a-good-car-lease.php
How To Lease A New Car
Check incentives: be on the look-out for factory –subsidized lease deals. Car manufacturers realise that consume...
how-to-lease-a-new-car.php
Leasing Glossary
Acquisition fee: A fee charged by a leasing company to begin a lease. Not all leasing co...
leasing-glossary.php
How To Get Out Of A Lease Before Your Contract Expires
It’s not all doom and gloom though. Actually, there is a number of opt...
how-to-get-out-of-a-lease-before-your-contract-expires.php
Auto Leasing Scams
Here we look at some of these common scams and how to avoid them...
auto-leasing-scams.php
The Residual Value Of Leasing
Let us first start by looking at the meaning of residual value. The term “residual ...
the-residual-value-of-leasing.php
Buy Or Lease
As is the case with every other common dilemma, there is no slam-dunk answer. Ea...
buy-or-lease.php
Buy A Car At The End Of Your Lease
First, you need to know the cost of buying out your lease. Read the ...
buy-a-car-at-the-end-of-your-lease.php
Using Lease Calculators
If you are considering a car lease, then you might want to know some key figures involved in the deal: the monthly l...
using-lease-calculators.php
Independent Car Lease Companies
So which one is better?...
independent-car-lease-companies.php
Single Payment Lease
There are two amounts in a conventional lease that incur charg...
single-payment-lease.php
How To Avoid Extra Costs At The End Of Your Lease
$250 to dispose of your vehicle, $1000 for extra miles you put on the clockand $200 to replace the light bu...
how-to-avoid-extra-costs-at-the-end-of-your-lease.php
Benefits Of Leasing
Benefit Number 1: Keeping up with the latest trends...
benefits-of-leasing.php
Lease Financing
Well, no quite! When you lease a car, you’re only using the car over a specified period of time with the option o...
lease-financing.php
Dealer Leasing Tricks
Here is a look at some of the tricks dealers use to pad their pro...
dealer-leasing-tricks.php