As with any contract, you have three (3) business days to cancel the agreement.
I assume by "financed" you are NOT referring to a leased vehicle but one purchased with a new-car loan. I also assume the vehicle is still pretty new and has very low miles, which is why you mentioned "returning" it. Basically, you cannot return a vehicle. It's not like buying and returning merchandise from Wal-Mart. You must sell the vehicle. The dealer from whom you purchased it might be willing to buy it back, if it's like new, or perhaps you could trade it in for a different model.
According to the Chevrolet website, there were 502,105 Silverado's purchased or leased in the year 2007
Yes, a leased vehicle is considered an asset because it has value and can be used to generate future economic benefits.
why not.
No They Cannot.
depends on your definition of lease........if you rent a car to go on vacation for a week or so.....that is a ''temp replacement vehicle'' and would be covered.....non owned auto means, you have ins. on your vehicle you borrow mine that is uninsured for whatever reason, or just has liability but your vehicle has 'full coverage' you get in accident driving my uninsured vehicle.....(if no coverage on my vehicle now only)......then your policy will kick in.......a leased vehicle needs to have it's own policy just as if you purchased a new vehicle
the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.
Purchase a Car Fax report.
YES LEASED VEHICLE SCAN BE REPO'D, YOU NEED TO READ YOU LEASE AGREEMENT AND CHACK LOCAL AND STATE LAWS.
Yes u can snartypants
Even leased cars must be registered to the leasee. You must go to your local department of motor vehicles to have your vehicle registered.
If a leased vehicle is in an accident, the lessor has to notify the lease company, along with their insurance company. Sometime the lease company will have you go through your insurance for repairs, other times they send you to their repair shop (if they have one).