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Taking Over a Car Lease: The Pros and Cons

Automotive Addicts

Leasing a car can be an attractive option for individuals seeking short-term access without a long-term loan commitment. A car lease is a contract between a leasing company or dealership (the lessor) and an individual or business (the lessee). What is a short-term car lease? What is a car lease?

Lessee 52
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Modernizing Document and Income Verification in Auto Leasing with AI

AutoSuccessOnline

Several years ago, leasing accounted for as much as 35% of all sales at dealerships. Since the car is not owned by the lessee, the lessor needs assurance that the lessee will reliably fulfill their payment obligations throughout the lease term. The issue at many dealerships can often be found internally.

Lessee 52