You need to have good credit to lease a car. You probably will have to limit the ammount you drive because you are only allowed to put so many miles on a car before you get charged a lot of extra money. It is a poor investment. On the positive side you always have a new, reliable, vehicle.
Leases for autos can be signed at any auto dealer. Leases are typically 24 or 36 months.
Corporate business credit is for large companies and organizations. It is used to obtain lines of credit with various companies, equipment leases, credit cards, real estate, and auto leases.
The terms of most auto leases require that you maintain insurance. Failing to do so is typically cause for termination of the lease. If you can't afford insurance, you can't afford to drive.
leases
Auto leases are agreements where a person pays to use a vehicle for a set period of time, typically 2-4 years, without owning it. The lease includes a monthly payment based on the vehicle's depreciation and interest. At the end of the lease, the person can return the vehicle or buy it at a predetermined price. There are also restrictions on mileage and wear and tear that can incur additional fees.
The two types of leases are operating leases and capital leases. Operating leases are typically short-term and allow a company to rent assets without transferring ownership, while capital leases are long-term and often involve transferring ownership of the asset to the lessee at the end of the lease term.
Currently Toyota is offering low rate leases in Utah. Generally many auto manufacturer's are still reluctant to offer low lease rates due to the tight credit market.
Yes, it is possible to sign leases electronically.
The web site, www.chargesmart.com, lets you use a credit card to pay for auto loans and leases, mortgages, utilities, and student loans.
Commercial leases are generally locked up for a much longer term then residential leases, and it's much, much harder to break a commercial lease. One big difference between commercial leases and residential leases that a lot of people don't realize is that commercial leases are not subject to many of the consumer protection laws that residential leases are. Make sure you know what you're getting into before signing. Most commercial leases are NNN which require the lessee to pay all utilities, insurance, and property taxes. Most residential leases are on a Gross rental basis and do not directly pay NNN charges. Commercial Appraiser http://www.harriscompanyrec.com
Shawn D. Halladay has written: 'A guide to accounting for leases' -- subject(s): Accounting, Industrial equipment leases, Leases
Not on personal leases, sometimes on business leases (as an expense).