Your credit score is part of the leasing decision. When you apply for a lease, your lease company will typically look at your credit score to decide whether you to approve the application. The leasing contract stipulates that you make regular, monthly payments over your lease term. The credit score you lease company requests identifies [...]
For auto-consumers, crunching the numbers is one of the most difficult and confusing aspects of leasing. Take the finance charge on a lease for instance. Most people just dont understand how this is calculated on capitalised cost AND residual value instead of just the capitalised cost. For most, it seems plainly obvious, just as is [...]
Understanding how to calculate your monthly lease payment makes it easier for you to make an informed decision. Yet, most of us shy away from the complicated math on our lease contract, leaving it up to the dealer to do the payment formula. Actually, its not that difficult! Once you understand all the figures involved [...]
Too often when it comes to auto-leasing, people get so dazzled by the myriad terms and the jargon thrown their way that they end-up paying through the nose, relying on a dealers help than their own informed decision. Here is a look at some of the tricks dealers use to pad their profits and leave [...]