| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles

    SEARCH ARTICLES
    Custom Search


vertical line

Article Surfing Archive



Do You Know About These Fees Involved in Car Leasing? - Articles Surfing


To lease a car, you have two options: either lease through a dealer's finance source or through an independent car lease company. Whatever you select, you should know that there are fees involved.

Mention auto-leasing and the majority of people will automatically assume a low-monthly payment. There is actually more than what meets the eye, and a number of fees are involved at various stages of the lease process.

At the beginning of the lease, you have to pay a refundable security deposit, typically equivalent to one monthly payment, to safeguard against non-payment and any incidental damage done to the car at the end of the lease.

You are also required to pay an administrative charge, called acquisition fee. Other fees include licenses, registration, title and any state or local taxes.

During your lease, you are expected to honor your monthly payment obligations. Any failure to do so will result in late-payment charges.

You have to pay any traffic tickets, emission and safety inspections and ongoing maintenance costs. Ending your lease early will result in substantial early termination charges.

At the end of the lease, expect to pay any excess mileage costs, charged at 10 to 20 p a mile. Any incidental damage done to the car, and deemed to be above normal, will result in excess tear-and-wear charges.

Finally, if you choose not to purchase the vehicle, then you have to pay a disposition fee.

Submitted by:

Alex Fir

Alex Fir

To learn more about car leasing and what are the four main benefits of leasing a car go to http://www.autoloanscenter.info/auto-lease/



        RELATED SITES






https://articlesurfing.org/auto_and_trucks/do_you_know_about_these_fees_involved_in_car_leasing.html

Copyright © 1995 - Photius Coutsoukis (All Rights Reserved).










ARTICLE CATEGORIES

Aging
Arts and Crafts
Auto and Trucks
Automotive
Business
Business and Finance
Cancer Survival
Career
Classifieds
Computers and Internet
Computers and Technology
Cooking
Culture
Education
Education #2
Entertainment
Etiquette
Family
Finances
Food and Drink
Food and Drink B
Gadgets and Gizmos
Gardening
Health
Hobbies
Home Improvement
Home Management
Humor
Internet
Jobs
Kids and Teens
Learning Languages
Leadership
Legal
Legal B
Marketing
Marketing B
Medical Business
Medicines and Remedies
Music and Movies
Online Business
Opinions
Parenting
Parenting B
Pets
Pets and Animals
Poetry
Politics
Politics and Government
Real Estate
Recreation
Recreation and Sports
Science
Self Help
Self Improvement
Short Stories
Site Promotion
Society
Sports
Travel and Leisure
Travel Part B
Web Development
Wellness, Fitness and Diet
World Affairs
Writing
Writing B