Shawn Ryder

JANUARY 18, 2025

When considering whether to lease a vehicle, many potential lessees focus on monthly payments, terms, and other costs. However, one significant factor that often gets overlooked is the down payment. The question arises: **Can I adjust the down payment on a lease?**

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Carscoops

JANUARY 18, 2024

Rivian is delivering some good news to consumers who prefer leasing over buying. The company announced today that customers can now lease its flagship SUV, the R1S. This news comes on the heels of the start of leasing for the R1T pickup truck late last year.

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Shawn Ryder

JANUARY 26, 2025

Maintenance Coverage: Many lease agreements include maintenance or warranty coverage, reducing out-of-pocket repair costs. Tax Benefits for Businesses: If you are leasing for business use, you may be able to deduct lease payments on your taxes, depending on your jurisdiction. 10,000 to 15,000 miles per year).

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Shawn Ryder

JANUARY 24, 2025

No Mileage Limits : Unlike leasing, financing does not impose mileage restrictions. Customization : As an owner, you can modify your BMW X3 as you see fit, including custom paint jobs and interior upgrades. The current average leasing rates stand around 2.5% This can feel like a waste of money for some consumers.

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Shawn Ryder

JANUARY 23, 2025

Understanding Vehicle Leasing Leasing allows consumers to drive a new vehicle for a set periodtypically two to four yearswhile making monthly payments that are generally lower than loan payments for purchasing a vehicle. Whichever route you choose, being informed will help you make the best decision for yourself.

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Shawn Ryder

JANUARY 18, 2025

When considering vehicle leasing, many customers ponder the necessity of gap coverage. Understanding the interplay between leasing and gap coverage is crucial to preventing potential financial setbacks in the unfortunate event of a total loss. Who Should Consider Gap Coverage? Drive a vehicle that tends to depreciate quickly.

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Shawn Ryder

JANUARY 21, 2025

Initial Payment: Many leases require an upfront payment, which could be akin to a down payment but usually termed as a “capitalized cost reduction.” ” Residual Value: This is the estimated value of the vehicle at the end of the lease term, factoring into your monthly lease payments.

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