Whether you finance or lease, you may have the option of a “balloon payment” at the end of the term. A balloon payment on a car is a large payment due at the end of the loan or lease term. Try This: 4 ...

Leasing a car comes with flexibility and financial benefits, but as the lease term ends, the decision-making process begins. What happens next depends on your needs, budget, and feelings about the car ...

Tesla, always the one to move the finish line just as its customers are about to cross it, has finally decided to let lessees buy out their leases. Of course, this is something nearly every other ...

Learn how the fair market value purchase option lets you buy leased assets at current market prices. Discover its benefits across automobiles, real estate, and more.

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. In light of the current new and used car ...

Tesla has started offering lease buyouts on all its vehicles, allowing customers who lease a Tesla to purchase their vehicle at the end of the lease term. But this represents a pullback from its ...

Tesla’s Cybertruck has only been available for lease for a few weeks, yet the company is already slashing prices. Along with the newly announced cuts, Tesla is now offering shoppers the option to ...

Learn how bargain purchase options let lessees buy leased assets below market value and why they're considered under capital lease accounting.

When you need to fuel up an ICE-powered vehicle, all of the required equipment is right there at the gas pump. Fueling an EV, however, is a little more complicated. GM offers several RPO and LPO ...