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Buying or leasing is a personal preference. There are advantages and disadvantages to both ways.
In leasing, you use the car for a specified number of years, making payments on it just as you would if buying, except that at the end of the lease, you return the car to the dealership and basically walk away owing nothing more.
When purchasing/buying, one assumes all the costs of maintenance as well as depreciation values.
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What should you consider when buying telephone equipment?
Some points to consider when selecting telephone equipment include size, location, number of phones, special options, and whether to buy or lease.
What are some factors one should consider when leasing a car?
One should consider what type of car to lease, how much money one wants to spend, and where to lease the car from. It should also be considered whether leasing is even the best route to go for vehicular travel to begin with. Other options are available like buying a used or new car, or even joining a car share program.
Should I lease or own my small business?
Leasing and buying both have their own pros and cons. I would be inclined to lease instead of buying because it's a lot easier to deal with if your business has not been successful. You won't have to sell the property.
Which type of lease do most consumers sign when buying a vehicle?
A+ Close-ended lease
Break lease when buying house in Virginia?
Can you break a lease when renting within 24 hours in virginia
Should you buy or lease a hybrid vehicle?
Never ever lease. Leasing is a horrible deal. Buy a one year old Certified Used car. You save money and get a better warranty than a new vehicle.Never ever lease. Leasing is a horrible deal. Buy a one year old Certified Used car. You save money and get a better warranty than a new vehicle.
Do you need to send your landlord a letter for your rent payment via certified mail?
In order to determine if rent needs to be sent via certified mail, you should check your lease or rental agreement. It would be a wise choice to send it certified mail so there is proof that the landlord received it.
How do you register a commercial lease?
A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.A commercial lease should be recorded in the land records.
Can a tenant sign a lease takeover with the new tenant if they have a guarantor on the original lease and the guarantor hasn't signed the lease takeover?
No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.
What happens to a lease if the tenant goes to hospice care?
I'm no lawyer but...here is my understanding of the situation. While the tenant is alive, they (or the person legally acting for them) are responsible for the financial obligations and the lease is in force. If the tenant is not returning, you should consider terminating the lease and moving out. If it is a month-to-month lease, this part is easy. If it is a fixed-term lease, investigate whether the landlord will agree to terminating the lease early.
Buying a leased house?
You can still do a lease-option deal, as long as the landlord is willing.
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.
