Auto Lease Chicago
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9 Myths of Auto Leasing
By Jennifer Ryan
In spite of its surging popularity, numerous misconceptions about vehicle leasing remain:
Misconception #1: Leasing a new car costs far more than buying it.
Leasing can actually cost less in the long run. Besides the lower up front costs and monthly payments of leasing, consider the economic power of money that's not put into the down payment and large monthly payments on a purchase deal. Investing that money or buying down debt could put you ahead financially, compared with tying up money in a vehicle, which is losing value.
In addition, most leases offer GAP insurance, which covers the difference between the lease payoff and the insurance settlement if the car is totaled or stolen....
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| Copyright 2010 |
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| In the News |
Prospect of new leases riles residents
PLAINS TWP. - In the past two weeks, Layla Genovese endured a case of mistaken identity among her neighbors at Pocono Park."People thought I was coming to evict them," Genovese said Friday.Residents at the mobile home park, located off Jumper Road, ar Read More ...
Five New Car Leases for Under $200 a Month
by Sean Tucker $200 a month: It's less than $7 a day. Sacrifice your daily latte habit, and voila! You have the budget for a new car. In today's market, you have options. There are a number of appealing cars you'd genuinely enjoy owning available for less than $200 a month. They're lease deals, which have drawbacks. You'll need good credit to... Read More ...
For-profit schools grow -- as do complaints
The advertisements are everywhere -- on local television stations it's Everest Institute, or Brown Mackie College. On South Florida highway billboards, it's the University of Phoenix. All are selling a quick, convenient college education, and the dream of a better life. Read More ...
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