When you lease a car you are simply paying for the amount that he car depreciates when you are using it. Depreciation means, the difference between the cars original value, and its value at the end of the lease, also known as the Residual value.
Two types of car leases - open and closed Before you sign the leasing contract, you should know that there are two different types of leases. They are very different from each other. Generally dealers do not know information on this, so its best to read the contract for yourself. Closed-end leases The closed-end lease is the most common lease used today. Closed-end simply means that you can return your car at the end of your lease with no other obligations, except for any extra fees for (...) More
Car leasing has a lot of great options, and can offer a little more than buying a car, but is not for everyone. Before deciding to lease you should think about the advantages and distadvantages and whether or not they work for you.
Even though you may be attracted to the many benefits of leasing, sometims leasing is not right for everyone. read the questions bellow, and if you answer yes to all the questions, than leasing a car is not for you.
For over 30 years the concept of nitrogen in tires has been known the tire industry, specifically in high tech sectors such as Formula 1 racing cars, aerospace, and commercial and military aircrafts. Now nitrogen in tires is becoming a popular replacement for standard air.
Understand what automobile leasing is — and what it is not Leasing is a simple concept that most often is confused by a lot of people as the same as buying a car. Since people are not really that informed on how leasing works a lot of mistakes are made, and they are often taken advantage of by the dealers. Understand how it works The biggest secret to successfully leasing is by knowing how it all works, and by taking the time to learn and prepare yourself before you make any decisions. (...) More
Don’t use kitty litter to get grease and gasoline stains off of cement—you will never get it all. Instead, use powdered dishwasher detergent. Let it sit for about 10 minutes, then scrub back and forth with a stiff broom before sweeping it away. It will break down the grease and soak it up at the same time.
In a new national survey released today, 5,665 high school students said they are driving under extremely dangerous conditions — fatigue, talking on cell phones, strong emotions, multiple passengers — and many are still not wearing seatbelts. The National Teen Driver Survey, released today by The Children’s Hospital of Philadelphia(R) and State Farm(R), represents 10.6 million 9th, 10th and 11th grade students in all public high schools in the United States. "Research has told us a lot (...) More
For the first time in more than 20 years, the U.S. Environmental Protection Agency (EPA) is changing the way it calculates fuel economy estimates — the city and highway miles-per-gallon calculations that are posted on the window stickers of new cars and trucks.