To evaluate a car lease deal certain factors regarding the down payment on the car, its monthly rental, the kind of valuing that is applicable on it currently and so on need to be taken into consideration. Care should be taken to evaluate the car lease deal properly with the usual mathematical formulas that are used. The purpose of such an evaluation is to determine whether the deal is a good one for the lessee and whether it is value for money.
Sample Evaluate Car Lease Deal
Evaluation of car lease deal conducted on: 12th June 2011
Evaluation conducted by: RealDealInspector.com
Brief summary of the car lease deal:
“The car lease deal is hereby effected between Mrs. Mary Robinson of Belgravia Apartments, New York [henceforth known as the lessee] and Mojo Automobile Dealers Pvt. Ltd. [henceforth referred to as the lessor] on the 12th of June 2012. The date of commencement and the date of termination of the lease deal are 12th July 2011 and 11th July 2012 respectively. The monthly payment to be paid by the lessee to the lessor is 200USD, and the car being leased is currently valued at 2 million USD. All the terms and conditions of the car lease deal must be understood carefully.”
The abovementioned lease deal has been evaluated by the software at our website, through the careful comparison of various parameters. These include:
- The MSRP or the sticking price of the car being leased
- The down payment the lessee has to make on the car being leased
- The monthly rental which the lessee has to pay on the car being leased.
On a comparison of all these factors, the RLV or the Real Lease Value of the deal mentioned above is a healthy 80 which indicates a string deal in favor of the lessee. For more information please write to us at our email address, or call us at 36434765.