Category: Auto Finance

Auto Finance

Understanding Car Leasing

Sara

Sourced From: http://www.consumerreports.org/cro/2012/12/buying-vs-leasing-basics/index.htm

Entering into a leasing contract may be the better way for you. But getting the facts right on the downside of leasing should be the first thing to consider. There are a number of things you should make sure that you get right when it comes to charges on such issues as exceeded mileage and insurance cover.

Personal Contract Hire

Penalties for going over your agreed mileage limit can be expensive. You will also never actually own your car as there is no option to buy it at the end of the agreement. And because you don't own it, you will always have to take out fully.

Sourced From: http://www.moneysupermarket.com/c/news/all-you-need-to-know-about-car-leasing/0026401/

Sourced From: http://www.fightingchance.com/auto_leasing.php