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- 1. Multiple Choice
The Following are Benefits of Leasing
Bury Negative Equity
Guaranteed Buyout at Maturation of Lease
Regardless of Miles Driven, Leases are Always Covered Under Manufacturer Warranty
Each Manufacturer Lease begins with a brand new vehicle
- 2. Multiple Choice
Cap Cost Refers to
What the vehicle is worth at the end of the lease term
The cost you pay for the use of leased money
Fee for end of lease costs above normal wear and tear
Total amount of lease payments
- 3. Multiple Choice
A "Rent Charge" is most closely associated with
Money Factor
Interest Rate
Acquisition Fee
Disposition Fee
- 4. Multiple Choice
Lease Protection Plus protects against
Mechanical Breakdowns and certain Wearable parts
A safe-guard against excess mileage penalties
Dents and dings leading to an increased disposition fee
the financial GAP resulting from a total-loss during the duration of the lease
- 5. Multiple Choice
Lease Wear Care waives charges due to excess wear and tear not to exceed
$3,000 with a maximum of $1,000 per incident
$5,000 with a maximum of $1,000 per incident
$3,000 with a maximum of $999 per incident
$5,000 with a maximum of $999 per incident
- 6. Multiple Choice
Walser Car Care's Interior protection keep your interior free of
Burns
Rips
Tears
Most predators, especially those with sharp teeth, capable of biting
- 7. Multiple Choice
Customers see value in Walser Car Care paint protection because it keeps your vehicle safe from
- 8. Multiple Choice
If you are getting out of a lease early and into another vehicle, you will receive tax savings based on
The difference in value between your old vehicle and your new vehicle. Remember this.
The acquisition fee
Fees directly related to the county in which you will register the vehicle
You will not receive tax savings. Don't mess this up. You only receive tax savings if you OWN a vehicle versus leasing.
- 9. Multiple Choice
Leases last
3 years from the contract date
36 months from the day the customer the customer takes delivery
As long as the contract states. Some leases are longer than others.
until the customer reaches the mileage allowance.
- 10. Multiple Choice
A "Protected" Lease pertains to
A lease with pre-paid miles in excess of 12,000 miles per year
a lease that has GAP built into it at no extra cost to the customer.
a lease that allows for excess damage than the allowance from the manufacturer
A lease with Lease Protection Plus
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