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Suppose that you are at the end of your automobile lease- The leasing company has just informed you that the car's market value is greater than its residual value and they will be sending you a refund- What type of lease did you have?

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The three main similarities between mortgages and car loans are that both are: Installment loans. Types of secured loan. Have a fixed payment period


Suppose that you are at the end of your automobile lease- The leasing company has just informed you that the car's market value is greater than its residual value and they will be sending you a refund- What type of lease did you have?






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