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Difference between revisions of "Leasing a Car"
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→If the lease is a true lease or for business use
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====If the lease is a true lease or for business use==== | ====If the lease is a true lease or for business use==== | ||
If the lease is a true lease, things are different. They’re also different if the vehicle is used primarily for business purposes. In either case, if you default on the lease, a creditor may be able to sue you '''and''' seize the vehicle. For more on the law relating to secured debts, see our information on [[Buying | If the lease is a true lease, things are different. They’re also different if the vehicle is used primarily for business purposes. In either case, if you default on the lease, a creditor may be able to sue you '''and''' seize the vehicle. For more on the law relating to secured debts, see our information on [[Buying on Credit (No. 246)|buying on credit (no. 246)]]. | ||
===Are there other ways the law is different for a business lease?=== | ===Are there other ways the law is different for a business lease?=== | ||