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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 short-term car lease?

Lessee 52
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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