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Polestar Dangles $20,000 Lease Discount To Tesla Owners

Carscoops

Factoring in the $15,000 Polestar Clean Vehicle Noncash Incentive, you could lease a Long Range Dual Motor with an adjusted capitalized cost of $55,795, paying $599 per month for 27 months, with $5,599 due at signing.

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Did I make a mistake with this lease?

Shawn Ryder

A car lease is essentially a long-term rental agreement where you pay for the vehicle’s depreciation instead of its total value. Initial Payment: Many leases require an upfront payment, which could be akin to a down payment but usually termed as a “capitalized cost reduction.”

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Navigating Zero Down Car Leases

Your Car Buying Advocate

Lease terms may vary, encompassing mileage limit, specific vehicle models, geographical locations, employment history, and credit scores. Key Terms to Understand for Zero Down Car Leases Two critical terms associated with leasing are: Capitalized Cost: This refers to the negotiated price of the leased vehicle.

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Can I adjust the down payment on a lease?

Shawn Ryder

When considering whether to lease a vehicle, many potential lessees focus on monthly payments, terms, and other costs. By leasing, you commit to a long-term rental arrangement where you pay for the vehicle’s depreciation during the lease period. The question arises: **Can I adjust the down payment on a lease?**

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Can I lease a new Honda Civic Sport without a sign-on?

Shawn Ryder

The lease agreement includes monthly payments based on the vehicle’s depreciation value during the lease term. Some common lease terms are two to four years. Understanding the details of these fees is crucial before agreeing to any terms, as they can significantly affect your financial responsibilities during the lease term.

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The biggest challenges facing automotive retail in 2024 (and how to tackle them)

Autocar

Equally, the long-term role of the dealer in the sales model is changing dramatically as a result of gradually evolving consumer behaviour and the new agency model being investigated – or even adopted – by many manufacturers. First, the long-term shift towards online buying over bricks-and-mortar footfall.

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Tesla Finally Offers Lease Buyout Option, But Do The Math First

Carscoops

Depending on the model (think popular Subarus) and your lease terms, you could even turn a profit by selling the car in the used market. The soon-to-be-replaced Model Y offers the same terms for up to 60 months, so there may be more attractive financing options available than leasing. 36 months and 10,000 miles a year).

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