Open-end lease is:

Question

Open-end lease is:

Myratgeldi Bekdurdyyev · Accepted Answer

If the car is worth less than this value at the end of the lease, the lessee must pay the difference

Myratgeldi Bekdurdyyev · Accepted Answer

An automobile lease under which the estimated residual value of the car is used to determine lease payments

Myratgeldi Bekdurdyyev · Answer

An automobile lease under which the estimated actual value of the car is used to determine lease payments

Myratgeldi Bekdurdyyev · Answer

If the car is worth less than this value at the end of the lease, the lesser must pay the difference

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