If you are trying to get out of your car lease, you are most likely trying to do so before the maturity date of your lease contract. That is, you are trying to find out how you can get out of your car lease before it ends. Lessees are often interested in getting out of …
Total Loss Protection can also be identified as “gap insurance” or “gap protection”. Total Loss Protection allows you to limit your financial liability in case your leased vehicle is lost, stolen, or destroyed. This form of protection can be provided by the leasing company as part of your leasing contract, but it can also be …
There are two different types of car leases. One is called the closed end lease and the other is called the open end lease. A closed end lease is more common for most car leasing customers like you. Your car lease agreement or lease contract should specifically mention whether you have a closed end lease …
You often hear people talk about the tax benefits that are available to individuals who lease vehicles. Many people claim tax deductions or tax write-offs on their federal income taxes by leasing cars. Generally speaking, if you leased a car that is completely or even partly used for business purposes, you can significantly reduce your …
Many people who are often new to car leasing or who have poor or less-than-good credit often wonder whether they need good credit or a good credit score in order to be able to lease a car of their choice. The short answer is that yes, you do need a good credit score in order …
To understand how your down payment affects your monthly car lease payment, you first need to familiarize yourself with the different components that make up your down payment. Many people falsely assume that the total sum of money that they pay during the signing of the lease is used towards reducing the monthly car lease …
How Does the Down Payment Change the Monthly Car Lease Payment?Read More »
Many people often wonder whether or not they can lease a used car. Used car leasing was never as common as leasing new cars. There was a time when you could find used car lease deals at various dealerships. However, since October of 2008, businesses, dealerships, or finance companies that used to offer used car …
Many people who are interested in leasing a vehicle often wonder whether they will need to pay for oil changes if they actually end up leasing. For the most part, most auto warranties provided by car manufacturers do not cover oil changes. An oil change is generally considered part of a car’s standard maintenance, which …
Does the Manufacturer’s Warranty Cover Oil Changes on a Car Lease?Read More »
While leasing a car can be a great way to drive a brand new car for several years, it may not necessarily be the best option for everyone. What follows are 5 reasons why you should avoid leasing a vehicle. 1. You should NOT lease a car if you have bad credit. If your credit …
5 Reasons Why You Probably Should NOT Lease a Car!Read More »
When visiting a dealership for the purpose of leasing a new vehicle, you rarely hear the term “lease factor” being used by salesmen or managers. The lease factor or money factor can be defined most simply as a small decimal number that is similar to an interest rate. This small number is used to calculate …
How to Convert the Lease Money Factor into an APR Interest RateRead More »
