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Since the car is not owned by the lessee, the lessor needs assurance that the lessee will reliably fulfill their payment obligations throughout the lease term. The probability of fraud is higher in direct lending as the buyer must be physically present at an indirect lender. Proper document and income verification are key.
Rivian finally started offering leases for its electric R1T pickup in 14 states on Monday, and these leases are eligible for the full $7500 federal EV lease credit – in contrast to the $3750 credit that Rivian buyers are eligible for. Read more.
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