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I bought a car and the payments are to high can i change the contract to a lease to lower payments?
Wiki User
∙ 10y ago
Probably not. You could try talking to the dealership. Or you could trade in the car and lease a different one, but you're probably going to take a severe hit in the wallet for that.
If you're just wanting to do this because you've seen a an ad and thought "wait, those lease payments are a lot less than what I'm paying" you may not know that you usually have to put down a fairly large initial payment.
Wiki User
∙ 10y ago
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Can unemployment change the term on a lease contract for a house?
No.
Will The Lease Payments Be Fixed Or Variable?
Sure, all the payments are invariable and they will not change. There will be no surprises with a higher payment later.
Can a coporation deduct a lease payment?
Yes, corporations can deduct lease payments. Property lease payments and vehicle lease payments are deductible in the year paid or accrued.
What are the consequences of beginning to make double auto lease payments monthly when you are halfway through a 3-year contract in order to pay the contract off early?
No consequences. You can pay double payments if you like. It will pay your account into the future. You can think of it like renting an apartment. If you pay double payments you will pay your obligation off early. Once you have paid the last payment of your contract you can then terminate the lease or keep driving it till the termination date on your contract it is up to you. Hope this helps.
How is a lease different from a contract?
A lease is a type of contract.
Is a lease a contract signed?
Yes, a lease is a signed contract
Is a lease repossession the same as a purchase repossession?
About the same. Don't make your payments and they will come get it. Then you still owe the difference as stated on the contract.
Can i cancel a lease if never even signed a contract or moved in?
A lease IS a contract. If you did not sign it, you do not have a lease.
What is the average cost of the early termination of an apartment lease in new york city?
A lease is a contract between a landlord and tenet. When a lease is broken, that is a breach of the contract, and violates the rental agreement. In New York City, the landlord is entitled to the rental payments until the lease would originally be up, however courts are pushing landlords to re-lease the unit, which lessens the total amount owed.
How often does the BMW lease rate change?
A BMW lease rate probably changes every year or so. If you lease a BMW and lock into a lease rate they cannot change it for the time frame of the contract. Most leases expire in two years.
What happens when you lease a car?
When you lease a car you enter into a contract with the company that leased the car to you. The contract will require fixed payments from you over a fixed term. You have use of the car for that period, provided you pay all the payments due. Depending on the terms of the contract, you may have to tax and insure the car, but some leases may include such costs within the lease charge. The contract will also state whether or not you are responsible for repairs and maintenance of the vehicle, or whether the leasing company has already included the costs of such necessary matters within the lease payments you have contracted to make. You will be responsible for things like fuel and oil, but the lease will tell you what else you may be responsible for. The lease may include mileage limitations. If you exceed the agreed mileage you will incur extra costs. Similarly there may be contractual conditions in the lease regarding any damage the car may suffer whilst in your possession. Invariably you will be required to pay a substantial portion of any such damage, however caused. If you lease a car, remember that it is not your car; you are 'borrowing' it for the period of the lease. You must take care of it, and return it in good condition at the end of the lease.
Can the renter cancel the home lease contract after sign the lease contract for lease the house?
Yes it is possibly to break the contract however you will most likely have to pay a penalty fee for breaking the contract.
