Many finance companies offer drivers lease buyoutoptions they can exercise once their lease is up, sometimes sooner. The lease contract should detail your lease buyout options and the price, or method for determining the price, that would have to be paid to exercise the lease buyout. Your l...
With over 22 years of experience in contract hire and leasing, ContractCars.com has an unrivalled amount of knowledge and expertise to get you the best deal on your next lease car. Contract Cars have business andpersonal car leasing dealsfrom a wide range of car manufacturers and models (incl...
From contract hire to peer-to-peer car sharing, from electric mobility to used car sales, Leasys is a pioneer in a new idea of mobility. Discover more!
Teenagers and Lease Contracts In general, teens can't lease cars on their own. Car-leasing companies are unlikely to lease a car to anyone under 18 because of contract restrictions for minors. With few exceptions, minors don't have the legal ability toenter into a contract. This means that...
In general, a lease is similar to renting a vehicle for a set period of time, often between 2–4 years. It’s a contract between you and the car dealer. You’ll make monthly payments in exchange for using the vehicle, but at the end of the lease term, you don’t own any stake ...
What happens at the end of a car lease? You'll need to make sure the car is in good condition before you hand it back at the end of the contract. If it's damaged, then the finance company will expect you to cover the cost of repairs. It may be cheaper to get damage repaired in...
There are four common ways to have a car in your possession or in your name: own outright, finance to own, lease, and rent for short periods. Today, we will take a look at car leases. Millions of people lease cars instead of buying them or financing them because they like to switch...
At the end of your car leasing term, you won't own the vehicle and will be required to return it. You may be able to extend your car lease or lease a brand new car, but you will not have the option to buy the vehicle you have been leasing. ...
CAR-LEASE CONTRACT LANGUAGE TO BE SIMPLIFIEDAssociated Press
Review your rent-to-own contract regarding terms for potential early termination fees. For example, if you find the car needs a lot of repairs, you may decide that you don’t want to own the car and would like to end the rental. Depending on the terms, you could lose your down paymen...