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When to buy, when to lease.
| Content Provider | Semantic Scholar |
|---|---|
| Author | Clark, Jeffrey E. |
| Copyright Year | 1985 |
| Abstract | Leasing is the process of "renting" for a specific amount of time. In effect, you are only paying for a portion of the value of the item, not its entire value. While many different types of equipment are available for lease, the most prevalent type of leasing occurs with automobiles, so we will concentrate on this area. Usually, the lease is for a 2-5 year period. You put up an initial security deposit, and usually 12 months' advance lease payment. In addition, when it comes to leasing a car, you pay for registration, taxes, and plates. The most prevalent type of lease usually stipulates that you will handle the maintenance and repairs as well. Most car leases have a surcharge for driving more than a certain number of miles over the term of the lease. The majority use a 10,000 to 12,000 mile per annum figure. If you exceed this figure, you may pay 10-30 cents per extra mile on average. |
| Starting Page | 18 |
| Ending Page | 18 |
| Page Count | 1 |
| File Format | PDF HTM / HTML |
| PubMed reference number | 10269653 |
| Journal | Medline |
| Volume Number | 6 |
| Issue Number | 1 |
| Alternate Webpage(s) | http://www.rmsaccounting.com/PDFs/Leasing-vs-buying-a-car.pdf |
| Alternate Webpage(s) | http://www.rmsaccounting.com/PDFs/ToBuyOrLease.pdf |
| Alternate Webpage(s) | http://www.englishworksheetsland.com/grade7/readinginfo/7/2buyorlease.pdf |
| Journal | Executive housekeeping today |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
