An evaluate lease deal is an exercise, which calculates, on the basis of several factors like the sticker price of the car, down payment, monthly rentals and so on, the quality and efficacy of the deal. It is usually done in the case of car deals since it is easiest to calculate or evaluate the advantages to be gained in the case of car leases.
The deal must be carefully investigated and all parameters must be taken into account. Evaluation of a lease deal has its advantages and therefore must be done carefully by experts who know the nitty-gritty of the process.
Sample Evaluate Lease Deal
This is a car lease effected between Mr. Samuel Johnson of 21 Mapleton Avenue, New York [henceforth referred to as the lessee] and Samurai Auto Dealers Pvt. Ltd. of 2 Broadway Avenue, New York [henceforth referred to as the lessor] regarding the leasing of an automobile [Model: Viara, License Plate Number: 34656]. The duration of the car lease deal is 12 months and the dates of commencement and termination are 21st June 2011 and 20th June 2012 respectively. This lease deal has been evaluated by our lawyers and those of the lessee, using the following parameters:
- By evaluating the MSRP, or the sticker price of the automobile.
- By factoring in the lease duration in the evaluation scheme.
- By considering the down payment or the cap cost reduction offered on the car lease deal.
- By calculating the monthly payment on the lease deal.
By evaluating all these factors, the RLV or Real Lease Value score obtained on this particular lease is 78, which is quite high and makes for an excellent deal.
The lease deal requires monthly payments of 1200USD and all terms and conditions must be carefully understood.
Signature of lessor: ________________________
Signature of lessee: ________________________