Automotive and Leasing News
The latest in automotive news from the experts at Carlease.
Leasing in Your Business’s NameLeasing in your business’s name is a great way to limit personal liability and build a stable base of credit for your business.
What are Dealer Doc Fees?Chances are, if you’ve ever purchased or leased a vehicle from a dealer, you’ve encountered - and paid - doc fees: administrative costs associated with the purchase or lease of a (new or used) vehicle.
What is a Personal Guarantor and Why Do I Need One?Simply put, a personal guarantor gives his or her word that they will be responsible for any payment(s) that the business is unable to meet. Should the business go under or finances change, the personal guarantor agrees to adopt the monthly payments of the vehicle(s) until the end of the lease.
GAP and Umbrella Insurance PoliciesBefore you’re allowed to purchase or lease a car from a reputable dealer or leasing agency, you need to present proof of basic auto insurance. In most cases, your auto insurance policy will see you through the life of your lease or purchase. But what happens when your policy isn’t enough to cover you or your business after an accident?
Rethinking Reimbursement - A Case for Corporate LeasingOne of the top reasons we recommend leasing over a reimbursement plan is that leasing builds credit for your business. Additionally, company leases ensure your team creates a positive first impression while lowering and simplifying your overall expenses. Finally, a well maintained lease program often cost business 10-20% LESS than a reimbursement program.
Leasing DocumentsTo help our leasing experts save you time and money, here are the documents you should have on hand - and why - when looking to lease a new vehicle:
Why Does Leasing a Car Get a Bad Reputation?The financial benefits of leasing a car.
Leasing a Car With Credit Unions
More Americans are choosing to lease instead of buying their vehicles, and just as you pay lower interest on a car loan at a credit union, you pay less per month on a lease.
Open-End vs. Closed-End Leases - Which Is Best for Your Businesses?
The experts at Carlease.com are here to help you find the best lease for your business.