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FINANCING OPTIONS TUTORIAL
Wear and Tear / MaintenanceWhen you lease, you are responsible for excess wear and tear, damage and missing equipment. Excess wear is anything beyond the normal and ordinary wear a vehicle endures, such as wear caused by:
This includes:
You must also service the vehicle in accordance with the manufacturer's recommendations. You should:
How to Fix Excess Wear and Tear If you do have excess wear and tear on your vehicle, you can either:
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| Jump to: | |||
| 1. | Introduction | 10. | Length of Financing |
| 2. | Your Financing Options | 11. | Leasing Through the Dealership |
| 3. | What You Need to Know About Options | 12. | How Mileage Affects a Lease |
| 4. | Financing and Leasing Glossary | 13. | Wear, Tear, and Maintenance |
| 5. | Understanding Finance Terms | 14. | When a Lease Expires |
| 6. | Understanding Lease Terms | 15. | Buy vs. Lease - How to Choose |
| 7. | Payment Options | 16. | Buy vs. Lease - An Exercise |
| 8. | At the Dealership | 17. | How Lease Payments Differ |
| 9. | Financing Through the Dealership | 18. | Exercise Your Options - A Quiz |