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Lease vs Buy Explained - by LeaseGuide.com
Lease vs Buy Explained
Which is Better: Leasing a Car or Buying a Car?
The answer is -- it depends. It's not possible to simply say that one is always better than the other because the answer depends on the specifics of each individual situation, which we will explain further.
Credit and Car Leasing - Explained - by LeaseGuide.com
Therefore, for someone with credit problems and low credit score, it may be more difficult to be approved for leasing than for buying. A bad credit rating can often be offset, however, by making a healthy down payment and/or making a security deposit.
A flawed credit history may also trigger a higher interest rate (lease money factor), although some lease companies offer a lower rate with a...
Upside Down Car Loan - What To Do - by LeaseGuide.com
Upside Down Car Loan - What To Do
Upside Down Car Loan - Negative Equity Loan
The term upside-down generally refers to the situation in which a car buyer owes more on his auto loan than his car is worth. Being upside down causes problems when trying to sell or trade a car, or when a car is destroyed in an accident.
The amount by which his loan balance exceeds the car's market or trade-in value is...