Common Contracts
2 similar null contracts
What is a lease?August 26th, 2016
When leasing a vehicle you - the lessee - are agreeing to pay the dealership - the lessor - in return for them allowing you to use the vehicle for a certain number of months and miles. Unlike a purchase, you don’t own the vehicle. Instead, you are renting a vehicle for the period of the lease and paying the dealership for the depreciation of the vehicle and interest.
What is a lease?August 26th, 2016
When leasing a vehicle you - the lessee - are agreeing to pay the dealership - the lessor - in return for them allowing you to use the vehicle for a certain number of months and miles. Unlike a purchase, you don’t own the vehicle. Instead, you are renting a vehicle for the period of the lease and paying the dealership for the depreciation of the vehicle and interest.
