Buying or Leasing Your Next Car

June 25, 2018

What is implied by a capitalized cost reduction?

It is very similar to a down payment. You may be asked by the dealer to put a certain amount of money down before the lease […]
June 25, 2018

What are my options for early termination of the lease?

You will need to pay an extra charge if you end the lease before the completion date based on the difference between the estimated residual value […]
June 25, 2018

What is an option for a lease-purchase?

At the end of your lease term, you may have the option to purchase the car. This is more commonly found in open-end rather than closed-end […]
June 25, 2018

Are there final costs and if so, what are they?

The final costs include: Charges for excess mileage Typically, closed-end leases have mileage limitations. It is necessary to pay a fee if you go over the […]