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Car Lease Depot - Payments and Depreciation

As you know the longer you own assets the lower the value of the asset unless of course we are talking about a Mona Lisa or the Trump Towers. With a car lease, you need to think of lease payments as the amount the car depreciates (drops in value) while you drive it. How is this depreciation or amortization calculated? It is figured by subtracting the car’s projected value at the end of the lease (aka residual value) from the current retail price (MRSP).

Ok so if your car has a retail price of let’s say $25,000 and have a future value of $15,000 in 4 years (48mth lease), the depreciation is the difference between those figures, $10,000. Low and behold, you will be making payments on the $10,000.

Taking over a car lease can be fun but you need to make sure it is right for you.  You can check our Car Lease Depot blog as we update it daily as we feel that is the best way to educate our members.

People come to Car Lease Depot by the thousands to transfer, swap, or get out of a car lease.
 
 

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What is Car Lease Depot?

CarLeaseDepot.com is the first Lease Take Over Search Engine & Marketplace specializing in car lease transfer, lease assumption, and car lease takeover. Drivers can end a car lease early or take over great leases and even receive cash incentives.  We offer the most advanced search features for our lease takeover members and tons of amazing features for members trying to terminate a car lease early.

Can I really end my car lease early?

Early lease termination is now permitted by most leasing companies. Lessees simply have to find another driver with a similarly high credit rating to transfer the car lease. This lease takeover provides lessees thousands of dollars in savings compared to paying the balance of the lease (months remaining x monthly payment). Post your ad today!

What does it cost me to assume a car lease?

Car Lease Depot is totally free of charge.  Buyers and sellers can post their car ad for a free trial period or take one of our higher exposure ad packages so your ad is seen more frequently. To start simply register for free and see all of the extra features we offer you. You can even receive money as an incentive to takeover a car lease.

What is the process to get in or out of a car lease?

Assume a car lease, Assume car lease,Break a car lease, Lease assumption

 

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