However, if you want to use the standard mileage rate for a car you lease, you must use it for the entire lease period.
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It includes his full salary, a lease car and career management advice, and six months' pay in lieu of notice, the trust confirmed.
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When a customer wants to lease a car, the financier (usually the carmaker's finance arm) estimates what the car will be worth when it comes back in three years.
This gives customers who prefer to buy, rather than lease a car, the option to simply walk away from the vehicle after four years of ownership should they decide to change models.
The plans range from two to five years, but, unlike traditional car leases, they are lease-to-own programs.
Often, exotic car lessees will agree to a three-year or five-year lease without ever intending to hold onto the car that long.
Customers will have to pay sales tax on the full value of the car, instead of just the lease payments.
Takia Walker, 29, had co-signed the vehicle's lease, acquired the car under false pretense and allowed another person who wasn't insured to drive it, the official said.
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Last night we agreed to submit a written offer to North Somerset to acquire a 25-year lease on three of the car parks they own in Nailsea.
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Instead it gets to spread its payments over the life of the contract, in much the same way as one might lease rather than buy a car.
German companies have been hard at work placing hundreds of PEVs in lease-only test fleets and car share programs in the United States and Europe.
Lease issuers argue they own the car in name only, and exercise no more control over how it's driven than a bank that finances a car purchase. (Banks take liens, not titles, for cars.) Most states agree, but a handful of eastern ones--including Connecticut, Maine, Maryland, New York and Rhode Island--don't.
However, depending on your type of lease, when your lease term is up, you either hand the keys over to the car dealership and look for another vehicle, or finance the remaining value of the vehicle and go from making lease payments to loan payments.
And it also said that it would be offering another lease to a new business in the car park.
Mr. Brooks says he likes the car, but doesn't expect to buy it when the lease is done.
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One lure for lease customers will be the free supply of a larger car for the few holiday weeks when customers need more seats and luggage space.
If a car company offers you a choice of 0% financing, a discounted lease or a rebate, which are you likely to take?
No automaker has yet to offer a fuel-cell-powered car for sale to customers, although Honda has said it plans to lease a number of the fuel-cell cars to customers as soon as 2008.
Converting an existing car instead of buying a new one is good for the planet, and the old beater will have a new lease on life.
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