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#08: Auto and Equipment Leasing

Mathematics of Leasing for Individuals, Executives, and Business Owners

You have two basic questions to consider before you sign any lease. The first is whether you should even be leasing in the first place. Maybe you should purchase the automobile or equipment outright.

Your second question is which type of lease you want: an open-end or closed-end lease. Your choice will affect the level of payments throughout the lease term and your obligations and options at the lease’s conclusion. Do your homework and you can arrange a lease to be less costly or to provide you with more protection or both.

This Resource Report will guide you through the process of negotiating a lease for an automobile or any other equipment, and give you advice from an experienced leasing expert on what to watch for, ask for, and insist on in any lease. Other topics: Factory-sponsored leases, excess mileage charges, options to buy, residual value, GAP insurance, indemnification, cancellation penalties, warranties, maintenance, special lease clauses, tax considerations, and a case study on the purchase-or-lease decision.

#08: Auto and Equipment Leasing
Price: $39.00   |   Pages: 24

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Tom MartinThe Ideas of the Month are principally written by Thomas J. Martin, publisher and president, author, lecturer, consultant, investment banker, college professor, and founder of our publishing company in 1977. For 39 years, Tom has helped hundreds of businesses and individuals on many of the topics covered on this website. The Case Studies are actual, real-life examples of how businesses and individuals solved problems, took advantage of opportunities, and met big challenges. For subjects covered, please see Solutions (15 Critical Subject Areas) in the Menu Bar at the left side of this page. Enjoy and we look forward to reading your comments

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