Shawn Ryder

FEBRUARY 14, 2024

Lessees pay a monthly fee to use the car but do not own it. Limitations: Leases come with mileage limits and may incur charges for excess wear and tear. Buying a Vehicle: Ownership and Long-Term Savings Buying a car means you pay for the vehicle’s full ownership, either upfront or through financing.

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Car Examer

FEBRUARY 25, 2024

Whether you’re a potential car buyer or someone exploring varied financing options, this guide is designed to illuminate the intricacies of lease purchase. Lease purchase, often referred to as “rent-to-own,” is a financing arrangement that blends elements of both leasing and traditional auto loans.

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Shawn Ryder

JANUARY 28, 2025

A lease buyout occurs when a lessee opts to purchase the vehicle at the end of the lease term. Lessees can either buy the car for this predetermined residual amount or walk away and return the vehicle to the dealer. Understanding this is crucial for lessees considering their options. What is a Lease Buyout?

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Shawn Ryder

JANUARY 26, 2025

As a car lease approaches its expiration date, one of the most common questions lessees ask is, “What happens if I go beyond the expiration date to buy it out?” Excess Mileage or Wear Fees: Evaluate if youve exceeded the mileage limit or if theres any damage to the vehicle, as this may influence your decision.

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Your Car Buying Advocate

DECEMBER 5, 2023

Lease terms may vary, encompassing mileage limit, specific vehicle models, geographical locations, employment history, and credit scores. Stay updated on new leasing offers, as limited dealership stock may affect the availability of certain trims. excess mileage or wear and tear) at this point.

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Shawn Ryder

JANUARY 17, 2025

Buying: Purchasing a car involves paying the full sales price (or financing it) to own the vehicle outright. Flexible Budgeting: This advantage can be particularly appealing for budget-conscious consumers looking for quality vehicles without stretching finances. Making the Decision: Lease or Buy?

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