How do you lease a car in Toronto?
You can usually pick the manufacture, apply with a credit application, assuming your credit score is higher than 650 you should be able to lease a car A.S.A.P. If you have lower credit scores you can try http://www.autocreditfinancial.ca good luck
If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't If…
A car lease can be thought of as a long-term car rental. If you choose to lease rather than buy, you will not own the car. You will simply be leasing it for a predetermined period of time. When you lease a car, you are not leasing it from the car dealer itself. You instead lease it from a leasing company, who in effect buys the car and rents it to you in exchange for…
What happens if you give up a car before lease is up turn into dealership after 13 months on a 3 year lease?
If you give the car back to the car dealership before your lease has expired, then the lease is over. You stop paying the monthly payments. This is very common in people who want a low monthly payment, thus they get a long car lease and then end up trading back in the car for a new car before the lease has expired.
You can lease a car from most dealerships. You can only lease new vehicles and not every vehicle is available to be leased. To lease a car you simply make a small down payment. Usually less than 20% of the cars value. Then you make monthly payments for the rest of the lease. When the lease expires you have to return the car.
When a car is leased at the end of the lease is a residual. This is the difference between what the car cost new and what was paid in the lease. Did you buy the car from the person who leased the car? Did they pay off the lease with the money you paid them? If not, there is a problem. A car with a lease is NOT owned by the person who leased it…
Does the primary lease holder on a car lease have any liability if the car is in an accident if the car is registered and insured by the co-signers of the lease who is not the primary?
If you are taking over a car payment lease this month how long would it take for you to let someone else take over your lease car payments?
Yes, you just have to remember that you will need sufficient credit to take on a second loan. Even though you are technically not the purchaser, you are still on that lease as responsible for that car in the event your buddy fails to pay. Your second loan/lease will definitely take this into consideration, along with your credit history and score.