Archive for the ‘Leasing advices’ Category

Types of Leases

Wednesday, August 5th, 2009

There are three main types of leases: the financial lease, the operating lease, and the sale and leaseback. Financial leases are most general. Financial lease provides that periodic payments be made. Ownership of the machinery reverts to the lessor at the end of the lease term. The given lease couldn’t be canceled and the lessee has a legal obligation to continue payments to the end of the term, and the lessee agrees to maintain the machinery. The operating lease could regularly be canceled under terms written in the lease contract. Maintenance of the asset is generally the responsibility of the lessor. The sale and leaseback is same as the financial lease. The owner of an asset sells it to another person and at the same time leases it back to use it for a specified period of time.
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Would you like to lease a dream?

Tuesday, July 28th, 2009

Tempting items people dream about, like fast and beautiful brand new cars, are always expensive. And they must be so; this is some kind of a rule. Everyone should fancy it, but it should be expensive enough to remain the dream. People could say anything they want, but everyone wants to feel themselves on the top of the life, driving a car of the dream. If you cannot afford such a dream just now, there must be a way to solve the problem, and this solution is leasing. You could own some old car but if you are afraid it to be broken down in the middle of the road, you could simply lease any car you want and enjoy.
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What Is Contract Hire

Tuesday, June 30th, 2009

Contract hire is a type of financing a car. In contract hire the individual that hires the car do not possess the car but pays a monthly fee to hire it. Contract hire is generally arranged over a period of between 1, 2 and 3 years. Company leasing the car can feel confident that the car will bring in an income over a longer period of time. At the end of the contract the individual that has used contract hire gives the car back without having to worry about selling it. The contract hire company also has to ensure that it receives the monthly fee and it often builds in a prepayment that might be 2 or 3 times the value of the monthly payment. This is done to secure the deal in the event that the person leasing the vehicle can’t pay off what they own.
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The Advantages Of Car Leasing

Thursday, June 11th, 2009

Car leasing is a longer term variant of car hire. Through car leasing you can save money by paying less money on a monthly basis rather than purchasing a car. The main advantage of this kind of contract is that it lets the individual that is leasing the car to observe their expenses closely. People that use car leasing are frequently able to purchase a car that they might not usually be able to buy. As the contract with the leasing company ends the individual using the car can return the car and select a different car. People using car leasing frequently change their vehicles on a regular basis and therefore they could also feel less worried about its repairs.
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