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Car Leasing Information

  • Should I Lease My Next Car?

    Should I Lease My Next Car?

    Few topics are open to hotter debate than automotive leasing. Some say leasing is the best way to pay for a vehicle; others say it should be avoided like the bubonic plague (Thankfully, leasing is......

  • Lease agreement sheet

    Glossary of Common Car Leasing Terms

    Acquisition fee A fixed fee to cover the bank or leasing company’s costs, usually required at the beginning of a lease. Acquisition fees (ranging from $395 to $995, but higher in......

  • Top 10 Things a New Car Buyer Should Know

    Top 10 Things a New Car Buyer Should Know

    Car buying can be an ovewhelming idea for some, especially for the first time shopper. The idea of handing over that much cash to a dealership and worrying about getting a good deal......

  • Car Leasing Tips

    Car Leasing Tips

    Unless you're already experienced and savvy at leasing cars, you need to read these car leasing tips if you want to avoid getting ripped off. Leasing a car is a lot more......

  • What is a Car Acquisiton Fee?

    What is a Car Acquisiton Fee?

    A car acquisition fee is a charge that is only a concern to customers who lease rather than buy their new or used cars. It may seem odd to charge a car acquisition fee as logically that sounds......

  • What is Depreciation?

    What is Depreciation?

    What is depreciation?  Car depreciation can be approached in quite a few ways.  A simple definition of car depreciation is the decline in value of assets.  In other words, when you buy......

  • What is a Car Lease?

    What is a Car Lease?

    A car lease is a method of obtaining a new or used car that involves only paying for a portion of the car’s actual cost as opposed to having to pay for the car in its entirety. So when you lease a......

  • Should I Lease or Get a Loan?

    Should I Lease or Get a Loan?

    Most people intuitively understand the difference between a car lease and a loan.   With a car loan, you borrow money from a financial institution for a certain......

  • What Is the Residual Value of Cars?

    What Is the Residual Value of Cars?

    In order to better understand what residual value means with cars, it is important to take a look at each word's definition.  A residual is the part that is left after some has been......

  • The Pros and Cons of Lease Swapping

    The Pros and Cons of Lease Swapping

    Anybody searching used cars on the 'Net has run across ads for companies offering to help takeover leases on cars other people are trying to get out of. The proper phraseology for this......