Easy Auto Leasing

If you are in the market to lease a vehicle, you will hear the term “residual value” recur like a leitmotif. A residual value does not only affect your monthly payments, but is equally used by leasing companies to determine any penalties should you break your lease early and how much to pay if you decided to buy the vehicle at the end of your lease.   Let us first start by looking at the meaning of residual value. The term “residual value”, refers to the value of something after it has been used for some time. In leasing lingo,...

Want to calculate your monthly lease payment? Consider using a lease calculator   If you are considering a car lease, then you might want to know some key figures involved in the deal: the monthly lease payments, the overall cost of the lease and how much savings can be made compared to purchasing the vehicle.   A lease calculator relieves you from the stress of having to know the complex underlying lease formulae used in calculations. You simply plug a number of figures into the calculator and hey presto! You get a detailed rundown of detailed payments, taxes and total...