Auto Leasing Company Ohio

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Car Leasing for Beginners
By Al Hearn

Car leasing is extremely popular because it provides an attractive method of driving an automobile that you might not otherwise afford. It allows you to make lower monthly payments than with traditional car purchase loans. About one out of every four vehicles driven by automotive consumers in the United States are leased.

But leasing is not for everyone. You should take the time to learn about leasing, and be sure it's right for you before making a decision.

What is Leasing

While a purchase loan is a method of financing the ownership of a vehicle, leasing is a method of financing the use of a vehicle for a specified time period. As much as it sounds like renting, leasing is different.[ Read Article ]

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In the News

Used-car leases up, pitfalls abound
LOS ANGELES -- Car dealers have found a new way to profit from people with money trouble: leasing them hand-me-down vehicles. Read More ...

NADA: High Trade-in Values Expected to Boost New-car Sales in 2012
DETROIT , Jan. 8, 2012 /PRNewswire/ -- The auto show season kicks off this week in Detroit with offers of special consumer incentives and rebates on new vehicles. Another factor working in favor of car ... Read More ...

Used-car leases on upswing, but pitfalls abound
Under a used-car lease, if payments are missed, repossession is a snap because the dealer still owns the car. Read More ...

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