Mistakes to Avoid When Leasing a Car
Leasing a car and buying a car are two different things. Buying a car means you own the car. Leasing a car means the car is borrowed for an agreed period. It is really important to know the nitty-gritty of leasing before diving into it. A lease is a contract in which one party pays another party for the use of something (land, building, car) for a specific period of time. The car is returned to the lessor after the specified time has lapsed. People have different reasons for leasing, for example, they may prefer a newer car that comes with a warranty which probably requires very low maintenance. The amount paid monthly for a leased car is lower compared to the amount paid for a purchased car. It is imperative to check car lease clients’ feedback if you want to patronize a leasing company. Car leasing opinions will enable you to make the right choice. The below, however, are some of the mistakes to avoid before leasing a car.
Early termination of the lease contract
Don’t back out of the lease term. If the contract you signed is for four years, then use the car for that period of …
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