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No Credit Auto Leasing is the New Trend

By Elite Rental Subscribe to RSS | April 4th 2012 | Views:
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Leasing is a payment system for the use of a vehicle for a specified period of time. The leasing amount is to be paid by a person who leases a car. The amount of rent of lease depends on the projected value of a particular vehicle's depreciation. This depreciation is generally calculated by subtracting a stipulated amount form the car’s original value at the end of the renting period. The value of depreciation of a car depends on its model. There are some cars who depreciate lesser than others and some who depreciate more. The lower the depreciation of a car the less its leasing cost will be. There are many leasing companies who offer better payment options and terms to its customers who lease out car models that are less vulnerable to higher depreciation.

Now-a-days, as competition is cut throat especially in the field of car leasing, there are many companies who have extremely aggressive sales strategies to attract customers. Such companies are even ready to lease out cars to people with poor credit score. This trend can also be termed as No Credit Auto Leasing. This system considers and individual who is above the age of 18 and holds a job. Any such person is eligible for No Credit Auto Leasing in the eyes of such companies. In many parts of US the customers need not pay sales tax on the full value of the leased vehicle. Taxes are only collected on the portion of the value that the customer uses during the lease period. However, most of the cars leasing companies do not offer such credits on rental cars.

Auto leasing has gained immense popularity among customers in the US. This is because car leasing offers a chance to drive the cars of their choice. These cars are often better than they actually can afford to purchase. More over there are many advantages to auto leasing. Apart for allowing customer the pleasure of driving a new car with monthly, daily or even hourly payment options, it also offer the latest safety feature under warranty.

For example when you visit an airport, you what to avoid any hassles. You just want to reach there, catch you plain and finish with the business. The last thing you what is, worrying about airport parking and think about your car’s safety if you find a parking there. Though the airport car parking scenario has improved over the last few years, it can still be an expansive afire.

Here are a few tips for Cheap Airport Parking Houston. The economy zone of any airport car parking is the most advisable. Parking in an economy zone can be a money saver, especially when you are travelling out of town. Though they are a bit far away for the air port, they are always the best choice for Cheap Airport Parking Houston. And do not forget to compare prices of different parking facilities before choosing the most affordable one. But renting an airport drop car is the perfect solution for many.

Elite Rental - About Author:
Elite Rent a Car is one the most affordable car leasing company. It offers various affordable deals and packages to its customers.

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