First Car Guide for First Time Car Buyers
Tips and Advice for First Car Buyers
Glossary of Automobile Buying and Financing | |
Glossary of terms related to automobile buying, leasing, financing, driving, and insuring. | |
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| lease | Leasing is a form of automobile financing. It offers lower monthly payments because only part of the full value of the vehicle is financed. At lease-end, the vehicle can be returned, or purchased for it's residual value. |
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