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Got A 2.5L Turbo Mazda? You Might Qualify For Compensation

Carscoops

Under the terms of the settlement, the automaker will provide compensation to eligible owners and lessees of these affected vehicles. To file a claim, affected owners and lessees must head over to the ‘Mazda Valve Stem Seal Settlement’ website here and submit proof of expenses related to excess oil changes due to low oil concerns.

Lessee 109
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Dealers Brace For The Next Pandemic-Related Supply Issue: Fewer Lease Returns

Carscoops

Certified pre-owned cars will also see a reduction in supply as fewer lessees turn in vehicles to dealers. A combination of these factors has meant that the usual lessee course has been broken—something that dealers have used as a predictable three-year cycle for sales, with the biggest impact expected in 2025.

Lessee 117
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GM Reimbursing C7 Corvette Owners For Broken Wheels—But There’s a Catch

Carscoops

Now, GM has launched the “ Corvette Wheels Limited Special Reimbursement Program” that could make some owners and lessees whole. Read: Corvette Is Killing It Right Now, But Will Going Electric Kill The Corvette? However, making a claim and getting reimbursed could prove tricky for some.

Lessee 120
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Frustrated Mirai Owners Sue Toyota Over Hydrogen Headaches

Carscoops

A group of Toyota Mirai lessees and owners, apparently disillusioned with the reality of hydrogen car ownership, filed a class action lawsuit against the automaker. Mirai owners and lessees report frequent struggles finding compatible refueling stations, often requiring long drives.

Lessee 141
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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. Taking over a car lease allows a new lessee to secure a vehicle without paying initial costs.

Lessee 52
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Media post: What are the cost of a short-term car lease UK?

Best Selling Cars Blog

Reduced maintenance costs: Since short-term leases typically cover the duration of the manufacturer’s warranty, lessees are less likely to incur significant repair expenses. As vehicles tend to depreciate rapidly in their early years, short-term lessees can enjoy a new car experience without worrying about the long-term resale value.

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Modernizing Document and Income Verification in Auto Leasing with AI

AutoSuccessOnline

However, a recurring and critical requirement for prospective lessees is possessing good credit. Unlike buying, leasing involves the lessee using an asset that the dealer or the lender still owns. The steps necessary in proper verification can add friction for the lessee. What Documents Are Required When Leasing?

Lessee 52