Here’s a guide to help you understand leasing. Most leases will allow you to “buy out” at the end, purchasing your leased vehicle for a price that was determined by the lessor when you started the ...
A lease takeover is when a lease is transferred from the original buyer to a new person. The new person inherits the present contract and car for the remainder of the period. This is common when the ...
Buying a vehicle that’s been returned on a lease is a good way to get a relatively new and lightly used car. Some off-lease cars even have some of their factory warranties remaining. If you’re uneasy ...
When you shop through retailer links on our site, we may earn affiliate commissions. 100% of the fees we collect are used to support our nonprofit mission. Learn more. Leasing has its own language. To ...
New car prices remain high, which complicates the choice between buying and leasing a car. On the one hand, buying involves higher monthly costs. But after you pay off the loan you own an asset—your ...
Some lease agreements let you buy your car at the end of your term, but doing so doesn’t always make sense Written By Written by Staff Loans Editor, WSJ | Buy Side Hannah Alberstadt is a Buy Side ...
What if you want to keep your car longer than your current lease? Well, you might be able to extend it. Most automaker finance units and third-party financial institutions will grant a one-time ...
Prafula Pearce does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
Conventional wisdom often holds that leasing a car is not a smart financial move. You’re likely to pay more over the lease life than you would take out a loan for the car. You’re limited in the number ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. In light of the current new and used car ...
If your car lease is coming to an end, you have a decision to make: should you roll right into another lease contract, buy out your current lease to own the vehicle going forward, or choose a ...
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