Understanding A Car Lease Agreement

There will also be a „disposition fee“ – usually a few hundred dollars – if you don`t buy the vehicle at the end of the lease. This amount is indicated in your rental agreement. It also goes to the leasing company and is not negotiable. You should at least know and understand the basics of car rental contracts before you make it. This way, you can make informed decisions and avoid costly mistakes. This is the duration of the lease. Typical leases are two, three or four years, although they may be shorter or longer. Rental conditions are usually indicated in relation to the total month (e.g. B 24, 36 or 48).

Where a problem arises is when the car is damaged or signals a different use than they consider normal for the vehicle…