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Auto Loan Basics  Chapter 4: The leasing experience
Leasing makes sound, financial sense in certain situations and for certain people. Is that you?
The leasing experience

The leasing experience: Introduction

If you've decided to lease a car, you'll need to know the ins and outs of the process from beginning to end.

A car lease comes with new terminology and a host of new considerations for the leaser. This chapter will explain what the terms mean, what the up- and downsides of leasing are, the pitfalls you need to be aware of, questions you must ask before you sign a lease and laws specifically about leasing. If you think leasing is an option for you, this chapter will assure that you've got all the information you need.

What you can expect to learn from this chapter:
Actual cost & residual value
  The key aspects of a good lease and what to expect when your lease is up are explained.
Pros and cons of leasing
  There are pluses and minuses to leasing, so this checklist will help you decide if it's right for you.
10 must-ask questions
  Here are the questions -- and answers -- that you need to consider before you lease.
Top 10 leasing booby traps
  Even though you're not buying the car, you still need to be aware of the lessor's angles.
Leasing laws you should know
  Leasing companies are bound by the Consumer Leasing Act. We break it down so you understand what the lessor must tell you -- in writing.
Chapter 4 quiz
  Test yourself -- did you learn what you need to know about leasing?
Begin >>  

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