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Can I adjust the down payment on a lease?

Shawn Ryder

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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Rivian R1S Now Available For Lease, But It’ll Cost You

Carscoops

advertisement scroll to continue Read: Rivian Misses Q4 2023 Sales Target, Is 2024 Going To Get Even Worse? The good for lessees is that both the R1S and R1T qualify for a $7,500 tax credit under the clean vehicle program when leased. This translates to an estimated monthly lease payment of around $1,056 on a 36-month term.

Lessee 105
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Should I lease a truck in this situation?

Shawn Ryder

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.