Things to be aware of when leasing a Car or Truck
Acquisition fees.....know before you go into the business office how much are the acquit ion fees or and administration fee applicable to the lease.
Know what kind of lease you are signing. Is it a closed end lease or open ended lease
Open Ended Lease
Close Ended Lease
Estimated value at lease end
Guaranteed value at lease end
Customer guarantees the buyout.
Lease company guarantees the buyout
Customer is responsible for deficits at lease end.
Customer is not responsible for deficits at lease end.
Lease this car for only $125 per\month. Beware of hidden down payments in advertisements.
Know what you are being quoted. Is that payment before or after taxes?
Watch out for excessive up front fees
Km's allowed and the charge for higher Km's when returning the vehicle.
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