Using a Lease Efficiently

It is important for the lessee to make sure that the monthly payments are consistent according to the terms of the lease agreement. Failing to do so will result in paying, ‘delayed payment levy’ on the entire amount of the total rental payable.

It is also key to remember that although you have complete control of the vehicle, you should not transfer, sell or otherwise dispose the asset or shall not use the asset for any illegal, unauthorized or immoral purpose, where the lessee shall indemnify the lessor against such loss.

Although a lease is a convenient option to go to it is essential to pay attention to the terms of your lease in order to make the best of it. Therefore, it is wise to make use of services such as leasing advise before utilizing this option.