Remove Dealerships Remove Early Termination Fees Remove Mileage Limit
article thumbnail

Unusual fine print in lease offer?

Shawn Ryder

Understanding Leasing Agreements Leasing a vehicle involves entering a contract with the dealership or leasing company. Disposition Fees Many lease agreements come with a disposition fee that you must pay at the end of the lease for the dealership to prepare the car for resale. This fee can vary from $300 to $600 or more.

article thumbnail

Taking Over a Car Lease: The Pros and Cons

Automotive Addicts

A car lease is a contract between a leasing company or dealership (the lessor) and an individual or business (the lessee). The lessee pays a monthly fee to use the vehicle for a set period, and a standard car lease usually lasts 2 to 4 years. What is a car lease? In that case, a lease takeover may present an attractive option.

Lessee 52