Difference between revisions of "Leasing a Car"

Jump to navigation Jump to search
42 bytes removed ,  22:25, 22 March 2019
Line 70: Line 70:


====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 Goods on Credit, Credit Cards and Credit Bureaus (Script 246)|buying on credit (no. 246)]].
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?===
9,075

edits

Navigation menu