Car Leasing Information
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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......
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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......
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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......
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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......
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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......
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Lease Assumptions
You May be able to Get Out If you are stuck in a car lease that you need to get out of, then check out what an increasing number of consumers......
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Car Lease Glossary
Acquisition Fee – A fee charged by some lease companies to process the lease paperwork. Sometimes called an assignment or processing fee. Capitalized Cost – The value of the......
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Negotiating Your Lease
Your Next Lease It is important to negotiate a purchase price before discussing a lease agreement. There are several factors that you should negotiate, as well as......
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Buying vs. Leasing
Introduction More than 30% of consumers opt to lease a car instead of purchase it. As new car prices escalate, this is a viable option for many......
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Leasing Tips
Practical tips to consider before deciding on a lease Make sure you also read How a Lease Works and Loan versus Lease before making your final decision. Read......
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