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how to do
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.
Here are the instructions:
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Shop for and settle on a car.
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Discuss lease terms with the sales representative.
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Ask for a complete explanation of your liability in case of an accident or total loss of the vehicle.
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Check the depreciation on that model of car.
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Compare your costs, including the depreciation, to your costs if you were to simply buy the car and make payments.
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If you still decide to lease, review and sign the lease agreement and write a check.
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Get insurance.
