Linda Steil


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WHAT IS A DISPOSITION FEE ON A LEASE CONTRACT?

In a previous post on how auto leasing works, one of our “Terms to Know” was Disposition Fee. It was defined as: “Charged by some lessors for the privilege of returning the vehicle and walking away; the cost is spelled out in the lease contract, so you will know up front how much it will be.” Simply put, the disposition fee is charged by the lessor … Read More


HOW ARE YOU UTILIZING THIS YEAR’S TAX REFUND?

The deadline for sending in taxes is just around the corner in April. According to IRS.gov, the average refund for 2019 (as of December 2019) was $2,869. If you’re receiving a refund this year, first off, congratulations! Secondly, have you planned what you’re doing with your new earnings? Of course there are plenty of options for how you can use a refund that would be potentially … Read More


Can you return a leased vehicle early?

A common myth of leasing is that, once you sign a contract, you are committed to the vehicle until the terms of the contract are completed. The truth is, you can turn in a leased vehicle early. You can also trade the vehicle, sometimes also called a lease-buyout and sale. Is it better to fulfill the terms of your lease contract? Yes. But in life, … Read More


HOW DOES NEGOTIATING IN AUTO LEASING WORK?

  When looking into a lease deal on a vehicle, have you wondered if there may be any wiggle room on the final numbers? There’s a common misconception that the auto leasing process is not negotiable. While leasing can be significantly different from traditional financing, when it comes to negotiating, the two are quite similar in certain ways. For example, the price of the vehicle … Read More


HOW TO HAVE YOUR VEHICLE PREPARED FOR WINTER’S WORST

We’ve reached mid-January, which also means the worst of Old Man Winter has started to hit in many parts of the country. While beautiful, snow and ice can lead to some less-than terrific driving conditions. Trust us, this is not the type of weather you want to define your road trip. What better time than now, before the majority of the country gets its first … Read More