Boiled down to basics, a finance (open-end) lease is similar to purchasing with a balloon note funding arrangement. The difference is that while you guarantee the market value at lease termination, our job is to get the highest resale value at termination. We help you select the right vehicle, options, colors, resale cycles, etc. to maximize the sale value and lower the cost of depreciation. Under a finance lease, in reality you are buying specialized services from experienced professionals.

Listed below and explained more fully on the following pages are the primary considerations of a finance lease.

1. Purchasing and Capitalization
2. Titling, Registration, and Registration Renewals 
3. Used Vehicle Disposition
4. The Lease Rate (Rental)
5. Miscellaneous Services
6. Special Features 

Under a net (closed-end) lease you get the vehicle, over a certain number of months, with some kind of mileage limit and used vehicle condition limitations, for a fixed rate.

In most cases a net lease will cost more than a finance lease because the leasing company is taking more risks. However, if you want the security of a relatively guaranteed cost, the net lease will meet your needs.

Keep in mind that the more risks assumed by the leasing company, the more must be charged to cover the occasional extraordinary circumstance.

Listed below and explained more fully on the following pages are the primary considerations of a net lease.

1. Titling, Registration, and Registration Renewals
2. The Lease Rate
3. Limitations
4. Maintenance Options (Guaranteed & Budgeted)
5. Miscellaneous Services
6. Special Features