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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?

Lessee 52
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Do dealers offer incentives to trade in leased cars early?

Shawn Ryder

In this post, well explore if and how dealership incentives work when trading in leased vehicles early, what to look for, and how to maximize benefits through strategic planning. At the end of the lease term, individuals commonly have the option to buy the car at its depreciated value or return it to the dealership.