A prepaid lease is a new type of lease which has made its foray into the
market in recent times. In this lease, consumers forego the cycle of lease
payments if they make a large payment at the beginning of the lease.
There are two amounts in a conventional lease that incur charges and
determine your monthly lease payments. First, there is a depreciation
charge which accounts for the value the car loses during the lease term.
Second is a residual amount which is the projected value of the vehicle at
the end of the lease. The sum of these two charges gives the monthly
payments on your lease.The idea behind a pre-paid lease is to eliminate the
finance charges for depreciation and only account for residual value
charges in a single, pre-paid payment at the beginning of the lease.
Single-payment leases are devised with spendthrifts in mind: no cycle of
monthly payments, a new car every two to three years and no interest in
purchasing the vehicle at the end of the lease. You should only consider
this type of lease if you are concerned about not being able to make monthly
payments and have a lot of cash upfront.
Go Green And Save On Your Lease
Beginning in 2006, businesses and taxpayers who lease, or purchase, an environmentally-friendly and fuel-efficient ve...
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 determi...
leasing-with-bad-credit.php
Lease Trading
Trading a lease is the best option for people who want to...
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 ...
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 int...
leasing-used-cars-explained.php
Luxury Cars And Resale Values
The most determining factor when it comes to resale values is public perception...
luxury-cars-and-resale-values.php
Fees Involved In Leasing
At the beginning of the lease, you have to pay a refundable security deposit, typically equivalent to one monthly pay...
fees-involved-in-leasing.php
Leasing And Your Credit Score
The leasing contract stipulates that you make regular, monthly pa...
leasing-and-your-credit-score.php
How To Calculate Your Lease Payment
Actually, it’s not that difficult! Once you understand all the figures involv...
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 rea...
how-to-lease-a-new-car.php
Leasing Glossary
Acquisition fee: A fee charged by a leasing company ...
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 options available to you.You can s...
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 avoi...
auto-leasing-scams.php
The Residual Value Of Leasing
Let us first start by looking at the meaning of residual value. The term “residual value”, refers to the value ...
the-residual-value-of-leasing.php
Buy Or Lease
As is the case with every other common dilemma, there is no slam-dunk answer. Each option has its own benefits and ...
buy-or-lease.php
Buy A Car At The End Of Your Lease
First, you need to know the cost of buying out your ...
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: ...
using-lease-calculators.php
Independent Car Lease Companies
So which one is better?...
independent-car-lease-companies.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 bulb and the w...
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 peri...
lease-financing.php
Dealer Leasing Tricks
Here is a look at some of the tricks dealers use to pad their profits...
dealer-leasing-tricks.php