| A pre-paid auto lease is a new lease type that has | | | | The concept behind the one payment pre-paid auto |
| found a place in the leasing market. With this prepaid | | | | lease is to be able to remove the financial charges |
| lease, the consumer can forego the regular cycle of | | | | involved in deprecation. The consumer only accounts |
| monthly payments of the lease, that is, if they pay a | | | | for the charges on residual value via a long pre paid |
| large amount of money at the start of the contract. | | | | payment at the start of the auto lease. |
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| Actually, there are two types of amounts involved in | | | | A single payment vehicle lease is invented with the |
| the common auto lease that incur expenses and | | | | budget conscious buyer in mind. With this type of |
| determine the lease payments every month. First of | | | | lease, he does not have to worry about monthly |
| this amount is the depreciation charge. This accounts | | | | payments. He can have a new vehicle every few |
| for the approximated value that the vehicle loses | | | | years. What is more important is the no-interest |
| throughout the term of the lease. | | | | purchase of car at the end of contract. For those |
| | | | | who loathe having to deal with monthly payments |
| Second type of amount is the residual cost, which is | | | | and has a big ready cash for initial payment, then this |
| actually the value of the car that is projected at the | | | | type of lease is for you. |
| termination of the contract. If you add up these | | | | |
| two common charges, you come up with the lease | | | | For more interesting articles on car lease trading and |
| payments you need to meet every month. | | | | auto leasing in general, do visit our Auto Lease |
| | | | | Specials for You blog. |