Auto Loans and Financing

Is it easier to lease a car or to buy it?

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2011-07-14 19:16:03
2011-07-14 19:16:03

Leasing a car is more easier because you only have a certain time frame to keep the car. Buying a car is worse because you will permanently have that car and waste a lot of money on it.

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No. Leasing is for suckers. A lease is no more than renting a vehicle with nothing to show for it at the end. Stay away from a lease. Buy what you can afford, and forget the lease.


It is more effective to buy. If you lease, then you will be paying for the car for a number of years, but will be obligated to either buy the car or get a new one, but all money paid into the lease will be lost. When buying, you have documented ownership.


Buy or Lease? Should you lease or buy your car? Use this calculator to find out! We calculate your monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you.


That depends entirely on your situation.


A balloon payment refers to the last payement you make on a car that you got as a long term lease. At the end of the lease you can either make a balloon payment and buy the car, or you return the car.


you can for a private seller but if you buy multiple car's and lease them it would be illegal unless you have a dealer license.


If is difficult for you to get a lease with bad credit, due to the fact new car dealers require a much higher credit score, usually 650 and higher to qualify for a lease. But you can always finance a used car relatively easier.


A car lease calculator from what i can figure out is a calculator that will help you figure out your payments for a car that you are looking into buying. This will help with the interest and monthly break down and will make it easier to help you see how much car you can afford.


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 your monthly payments. This leasing company can be the financial arm of large automakers (such as GM Finance or BMW Finance) or may be an independent leasing company of the dealer's choice. The dealer generally acts as an agent on behalf of the leasing company in negotiating the terms of the car lease. The most common type of car lease is called a "Closed End Lease". In this type of lease, you and the dealer agree on the length of time and interest rate at which you will lease the car, and also on the final value of the car at the end of lease (called the "residual value" of the car). When your lease is over, you can either turn your keys in or you can exercise the option to buy the car at the pre-agreed residual value. It should be worth noting, that an open-ended lease is practically unheard of these days. Any legitimate car dealer should be offering a closed-end lease.


That would depend on the credit worthness of the person wanting to lease. It is a separate transaction just as if you wanted to buy a second car.


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.


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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


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.


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.


A car lease often has very cheap montly payments. The big negative, however, is that you never truly own the car. You will either have to give it back when the lease ends, or buy it then, which would be more expensive than buying it earlier.


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 so that means the bank owns the car and has the pink slip. You have to get the pink slip from the bank. Actually, the person who sold you the car may have illegally sold the car. It would be like someone renting a house and then selling it. Check with the bank that holds the pink slip.


can a name be added to a car lease


Refinance for however much is left owing on the vehicle.


One can compare car lease quotes at the website Lease Compare. Leases can also be compared at Car Lease Deals, Cars Below Invoice, Top Car Lease Deals and M oney Supermarket.



When a lease car is totaled, the car company will require the car lessee to pay the lease balance to get out of the contract. This is applicable for a wrecked car and non-reparable vehicle.


Lease Busters helps to find someone to take over the lease of your car or for you to find a car to lease without hassle, you can take over someone else's lease. Lease Busters has a thorough Process Checklist and Offer-To-Lease form to help you in your decision for your car.


At the present time, you cannot buy a hydrogen car. You can only lease one. The reason for this is that there are very few places for one to be able to fuel the vehicle.


There are many options to lease a vehicle if you have poor credit. You can always lease the car with a cosigner, if you can find one, and so you can lease the car even with poor credit. You can also get a long term rental from a car company such as Hertz. It will be more expensive, but is an option, if you don't want to buy a car.



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