Best Selling Cars Blog

MARCH 18, 2024

Mileage charges: Most short-term car leases come with a mileage limit. You will be charged an additional fee per mile if you exceed the mileage limit. Early termination fees: If you terminate your lease early, you may be charged an early termination fee.

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Car Examer

JUNE 26, 2024

Book inspection Personal Contract Hire (PCH) is a type of long-term vehicle leasing where you essentially rent a car for a fixed period and mileage limit, usually between 2 to 4 years. Set Terms : Agree on the contract length, annual mileage limit, and any additional services like maintenance and servicing.

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Termination Fee Mileage Limit Early Termination Fees Balloon Payment 59

Automotive Addicts

APRIL 24, 2024

Pros of taking over a lease: An almost-new vehicle without the initial costs: The new lessee avoids all the initial fees, as the original lessee will have paid all the upfront costs. Limited mileage: Lease takeovers often have mileage limits, and exceeding these limits can result in additional charges.

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Car Examer

DECEMBER 3, 2024

Vague or Misleading Terms: Key details like balloon payments, mileage limits, or early termination fees aren’t explained properly. Poor Affordability Checks: Some buyers are approved for deals they can’t realistically afford. The result?

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