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Additional
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Tips And Suggestions On Car Rental
By Amy
Thousands of individuals obtain cars from car rental agencies each year, but when it comes to protecting themselves financially while in possession of the car, many individuals have questions about Read more...
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Car Rental Agencies
Welcome to Cheap Car Rental
— your comprehensive cheap rental cars
resource. Our mission is to give you the facts you need about cheap rental cars
— fast — so you can get on the road to taking action right
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Fees Involved In Leasing
By Eric Larson
Mention auto-leasing and most people will automatically assume a low- monthly payment. There is actually more than what meets the eye, and a number of fees are involved at various stages of the lease process.
At the beginning of the lease, you have to pay a refundable security deposit, typically equivalent to one monthly payment, to safeguard against non-payment and any incidental damage done to the car at the end of the lease. You are also required to pay an administrative charge, called acquisition fee. Other fees include licenses, registration, title and any state or local taxes.
During your
lease, and you expected to honour your monthly payment obligations. Any failure to do so will result in late-payment charges. You have to pay any traffic tickets, emission and safety inspections and ongoing maintenance costs. Ending your lease early will result in substantial early termination charges.
At the end of the lease, expect to pay any excess mileage costs, charged at
10 to 20 p a mile. Any incidental damage done to the car, and
deemed to be above normal, will result in excess tear-and-wear
charges. Finally, if you choose not to purchase the vehicle, then
you have to pay a disposition fee.
Additional
Resources
Go Green And Save On Your Lease
By Eric Larson
Hybrid vehicles’ popularity has sharply grown from a couple of thousands in early 2000 to close to 300, 000 by the end of 2005. The trend is rapidly catching with the auto-leasing industry with Read more...
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Additional
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How To Achieve A Stress-free Car Rental - 5 Keys To Success
By Casey
Vacations can be hectic enough without adding the stresses of a bad car rental into the equation. The mistakes that the average traveler makes when renting a car can end up costing him or her Read more...
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