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