0
A dealer lease refers to an arrangement where a dealership leases vehicles to customers rather than selling them outright. This allows customers to drive a new vehicle for a specified period while making monthly payments, typically covering depreciation and financing costs. At the end of the lease term, the customer usually has the option to purchase the vehicle, return it, or lease a new one. Dealer leases are common in the automotive industry as they provide flexibility and lower upfront costs for consumers.
What else can I help you with?
Can you lease a hybrid for 5 years?
Lease terms are negotiable based on the individual dealer. While most leases have a term of 3 years, you can negotiate with the dealer for a 5 year lease.
What is the future tense of Leace?
There is no verb spelled leace. If you meant lease, the future tense is will lease. If you meant leave, the future tense is will leave.
Do you keep the vehicle after lease is up?
Not unless you buy it from the dealer.
What is meant by operating lease?
Operating Lease is a lease other than finance lease. A leasing transaction wherein the lessor takes the asset risk and the credit risk.
What Honda lease payoff address?
You would write to the entity that financed your lease to Honda. If it is not in your paperwork, perhaps your dealer can help you.
Can you cancel car lease in NJ?
no, your best bet is to talk to the dealer
Where can one get a Cadillac lease?
One can get a Cadillac lease from the General Motors website and looking at the Cadillac links. One can locate a Cadillac dealer close to them in order to get a lease. One can also get them from the 'Lease Trader' website.
What is a car lease?
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.
Can you buy a car and turn around and lease it?
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.
What is meant by the term lease administration?
Lease administration is the managing and monitoring of real estate while a lease is in place. This includes ensuring rent is received on facilities that are owned and rent payments are made for that which they lease.
Where can you find a good BMW lease calculator?
You can find a good BMW lease calculator on the Automobile Magazine website. You can also find lease information on the BMW website or at your local BMW dealer.
You cosigned for a lease The lease is up in 3 days but the person is refusing to turn the car back in What can you do to remove your name from the lease?
The dealer cannot renew the lease without your signature. Just don't sign it! To be doubly sure however, go to the dealer (don't call) and speak to the Leasing Manager (NOT the salesman) and specifically tell thm this! Then whatever happens after the lease expires is the respsonsiblity of the the person who actually possesses the car.
