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Is Depreciation Still Important in a Used Car Lease?

car lease depreciation Used
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Is Depreciation Still Important in a Used Car Lease?

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Absolutely. Some cars depreciate faster than others. It’s important to choose a car that depreciates slowly when considering a used car lease. Cars with slow depreciation get better leasing rates and terms. When depreciation is low, the used car will have a higher residual value which makes monthly payments lower.

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