You Should Read the Agreement Thoroughly and Enter into an Agreement for 1 Year Car Lease
When you go in for a 1 year car lease, you should be careful to read the fine print before you sign on the dotted lines. Some companies may surreptitiously include the down payment clause in the agreement. You will not mind paying a down payment when you buy a car. But, paying a big amount as a down payment for a car lease means that you are paying a part of the year’s rent as an upfront payment. There is a disadvantage in paying upfront payment for leasing a car. Suppose if the car is stolen or wrecked in an accident, the insurance company will take care of the claim but you will be left in the lurch for whatever payment you have made as upfront. One more catch can be in the mileage factor. You should never surpass the fixed mileage because it may turn out to be quite expensive if it is exceeded.
Tags: 1 year car lease