What Are the Advantages and Benefits of Car Leasing
What Is a Multiple Security Deposit MSD and How Does a MSD Work
TweetMultiple security deposits (MSD) is offered by most leasing companies, however, not many lessees and dealers know about the MSD program available to many consumers with less than excellent credit (< 700 FICO sc[...]
What Is an Excessive Wear and Tear Waiver
TweetMany leasing companies will offer an excessive wear and tear waiver for lessees that lease another car with the same car maker. This waiver or credit is often part of a lease loyalty program that nearly every auto[...]
What Is Wear and Tear for a Car Lease
TweetThe wear and tear for a car lease is included in the car lease agreement. Car lease agreements will state what the lessee is responsible for upon returning the leased vehicle. Once you return your leased car t[...]
What Is An Acquisition Fee (Bank Fee)?
TweetThe acquisition fee is also known as a bank fee and is always added to the cost of the lease, however, it is up to the dealer to disclose the amount of this fee. I have signed four lease agreements and every on[...]
List of Lease Acquisition Fees
TweetHere is a list of lease acquisition fees (bank fees). If you have been given a different acquisition fee, please comment below. The number you see here could have changed or you are working with a dealer who has[...]
Difference between Lessee and Lessor
TweetThe difference between a lessee and a lessor for auto leasing is easy to understand. When engaging in an auto lease agreement, the party that creates the lease agreement, a legally binding contract, is the lessor.[...]
What Percentage of Cars Are Leased and Purchased
TweetThe only source I’ve come across that clearly indicates the number of new cars leased versus the number of new cars purchased come courtesy of the Bureau of Transportation Statistics. I’ve done some q[...]
Introduction to Car Leasing
TweetThe process of leasing a car is, in theory, the same as when you purchase a car, yet many consumers in the market for a new vehicle are often misguided by common misconceptions about car leasing. The concept of car [...]
Advantages, Car Leasing Survival Kit
What Are the Advantages and Benefits of Car Leasing
TweetWhen it comes to car leasing, there are advantages and benefits to leasing a car compared to buying a car. You have to decide whether leasing a car is more suitable to your needs as opposed to financing a car, keeping the vehicle, and saving money over the long term. There are people who are [...]
Introduction to Car Leasing
TweetThe process of leasing a car is, in theory, the same as when you purchase a car, yet many consumers in the market for a new vehicle are often misguided by common misconceptions about car leasing. The concept of car leasing is the same as it is for any kind of lease in the world [...]
