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Is the purchase price at the end of a car lease considered bargain purchase?
No. You're not getting any bargains by buying the car at the end of a lease, rest assured of that.
Can a 17 year old purchase or lease a car?
No, a 17 year old can not legally lease or purchase a car. This is because minors can not legally enter binding contracts.
Is it a better deal to lease or buy a car?
Usually buying a car outright is a better deal if you can pay upfront without a loan. If you do need a loan, then depending on the deal you get for the loan vs. the lease it can be a better deal to lease, but not usually.
Are cars available with a lease to purchase option?
Most cars that are leased are now availiable with a lease to purchase option. At the end of the contract, you may purchase the car for an agreed amount. But don't forget to look at the depreciation the car has exprienced.
Can you purchase someones car when there lease is over?
No a lease is just a long term rental, it is owned by co he got it from but you can buy from them sometimes
How do you lease a car?
You go to a dealership, just like if you were going to buy one... then you tell them that you want to do a lease deal instead. You can also arrange a lease or a purchase online now.
Is there a difference between a term business car lease and a commercial auto lease, or are they one and the same?
A car lease is an individuals person lease for their car. A commercial car lease is the lease for a commercial vehicle which are used for businesses.
I'm older with some health issues, is a car lease a better option in my situation than buying a car?
Leasing a car is a financial decision that is not related to the driver's health. The decision is very personal because of the variety of considerations to be made. This article gives a nice overview of the lease v. purchase: http://www.leaseguide.com/lease03.htm
What if your husband files bankruptcy and you have a leased car?
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What is the difference between finance lease and installment paying?
When you enter into a retail installment sales contract for the purchase of a vehicle, your down payment and your monthly payments go toward the total purchase price of your vehicle. When you have paid off the financing, you own your car. When you lease a vehicle, you make payments to use the vehicle over the term of your lease. However, you don't own your car. At the end of your lease, you return it to the lessor.
How does a person go about refinancing their car?
Refinancing one's car is a risky way to lower the interest on a car loan. The best way to get a lower rate is to see a loan officer at a credit union or small bank which may purchase the car from the lease holder to offer a better rate.
Can you add a name to a car lease?
can a name be added to a car lease
