What Are the Benefits of Purchasing a Car Through CHL Vs. Leasing?
the paper money image by Serghei Velusceac from Fotolia.com jQuery(document).ready(function(){ jQuery(‘#jsArticleStep1 span.image a:first’).attr(‘href’,’http://i.ehow.com/images/a06/k5/ds/benefits-through-chl-vs_-leasing_-1.1-800X800.jpg’); }); Consider the overall costs between financing and leasing from CHL. CHL stands for Chapel Hill Leasing. The company provides financing and leasing options for teachers in the United States with a J-1 Visa or scholars and international graduates from Duke University. CHL does not require a social security number for leasing and does not require credit history for either leasing or financing. The CHL website states that it offers competitive interest rates for financing. Ownership If you lease a vehicle from CHL, you’ll have to return it when the lease contract is up. Leasing from CHL is geared toward short-term residents, offering terms as low as one month that restricts mileage. When you own a vehicle, you can do as you please with it. If leasing