Not exact matches
Situations that would normally lead to a
lease being classified as a finance
lease include the following: the
lease transfers ownership of the asset to the lessee by the end of the
lease term; the lessee has the option to purchase the asset at a price which is
expected to be sufficiently lower than fair value at the date the option becomes exercisable and that, at the inception of the
lease, it is reasonably certain that the option will be exercised; the
lease term is for the major part of the economic life of the asset, even if title is not transferred; at the inception of the
lease, the present value of the minimum
lease payments amounts to at least substantially all of the fair value of the
leased asset, and; the
lease assets are of a specialised nature such that only the lessee can use them without major modifications being made.
I
leased the car with a better
payment than I
expected and had even expressed to Kevin.
Once I thought the deal was done and went to go pick up my car, John Gerber surprised me with an even lower interest rate and therefore lower
lease term and monthly
payment than I could have ever
expected being a first time buyer.
These smart
lease and finance deals can keep your monthly
payments lower than
expected while you get to enjoy all the luxuries of a new Land Rover or Range Rover model.
Instead, analysts
expect automakers to offer discounted option packages and lower
lease payments and probably to spend more on advertising.
If the
lease is renewed I
expect that the underlying mortgage will be refinanced and the company should receive a large cash
payment; how management handles this cash will determine whether I continue to hold thereafter or not.
Things change though and may need to move out earlier than
expected, meaning you'll want to break the
lease and not make all the
payments.
NY Green Bank's involvement in this project allowed the
lease term to be extended to 18 years from the 10 - year term originally proposed by the bank market, which provides more time for the school district to pay off the
lease and lowers monthly
payments, while providing
expected annual operating savings greater than the
lease payments.
Is not liking the
payment methods accepted a valid reason to
expect to be let out of a
lease contract?
But emphasize that rent is
expected on time and outline a penalty schedule in the
lease for late
payments.