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Car Finance Mis-Selling: What’s Really Going On?

Car Examer

Vague or Misleading Terms: Key details like balloon payments, mileage limits, or early termination fees aren’t explained properly. Customers end up paying more than they bargained for, or worse, feeling trapped in an unfair deal. The result? Affordability checks were either poorly done or skipped entirely in some cases.

Finance 59
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New 'zero-risk' salary sacrifice targets employer concerns

Autocar

The 'zero-risk guarantee'follows customer researchand is designed to alleviate another barrier by protecting businesses against early termination fees which can be 50% of the remaining lease costs if employees resign, are made redundant or take long-term leave.

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Unusual fine print in lease offer?

Shawn Ryder

Our page on developing a customer referral program discusses ways to engage clients who may frequently drive leasing vehicles. Early Termination Fees If you decide to terminate your lease early, you may be subject to an early termination fee.

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Do dealers offer incentives to trade in leased cars early?

Shawn Ryder

However, circumstances may arise where leasing customers find themselves wanting to exit their lease early. Early lease termination allows individuals to explore newer models, often resulting in upgraded technology, efficiency, or even the latest safety features.