< View for Auto Lease >
if you want to estimate how much I have to pay for the deal, Choose "AutoLease" from Combobox. then you can see:
1. After Contract: options you can select what you do after end of the contract.
- Return: you can return the vehicle to lesser(financial institute)
- Purchase: you can buy the vehicle at the end of the contract with low price( Residual value can be the price.)
- Extend: when you want to extend existing car lease contract.
2. Lender, 6.Terms(mos.): this is the same as used in Personal Loan, Mortgage.
4. Down Payment: this is the same as used in Mortgage and Auto Loan
5. Residual Value: the value of the car at the end of the lease contract.
7. Payment/mo.: the amount of the money you have to pay monthly.
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