Articles

What is Total Loss Protection for Car Leases?

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 …

What is Total Loss Protection for Car Leases?Read More »

Closed End Lease vs. Open End Lease

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 …

Closed End Lease vs. Open End LeaseRead More »

Tax Benefits of Leasing a Car

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 …

Tax Benefits of Leasing a CarRead More »

How Does the Down Payment Change the Monthly Car Lease Payment?

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 »

Does the Manufacturer’s Warranty Cover Oil Changes on a Car Lease?

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 »