Car Hire = Car Rental 就是租车,打的。时间较短,一般几天,几周。Car Lease = Car Leasing 是分期付款的买车或者租车。时间较长,一般几月,几年。租期到了,车有可能归租车的人,也可能归还给出租的人。分为:finance lease和operating lease。
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end leases. For example, one mayrentan apartment (usually open-end) with a 12 month lease term, or one may lease a car (generally close-end) with a five year lease term. The lease term may or may not be renewed, depending on the type of lease and the agreement between the parties....
“Leased Asset”– the car, equipment, or any other asset that can be rented. Residential Rental Agreement Types 1. Fixed-Term Leases This type of lease often entails the use of the entire rental property for a fixed period of time, often a minimum of one year with no limit for the nu...
(the car itself is a lease) and the contract spelling out the terms of use — in other words, a rental agreement. Be sure to check the fine print on your apartment lease to avoid any unpleasant surprises when you move out — like owing money for painting over that hideous wallpaper in...
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Example: Renting a car for a weekend trip, where the customer pays a daily rental fee for the specific duration of use. In summary, lease agreements involve longer-term commitments and provide greater stability, while rent agreements are typically shorter term and offer more flexibility. The choi...
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A car lease is an agreement between a lessor (the company that owns or will buy the car) and the lessee (the person who will pay to borrow the car). When you lease a vehicle, your monthly payment will be calculated based on the vehicle's depreciation—the change between its current ...
A lease option is an agreement that gives a renter the choice to purchase the rented property during or at the end of the rental period.