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Automotive dictionary (encyklopedia)

Dictionary of terms and abbreviations for cars (automobiles), motorcycles (bikes),
bicycles, boats, engines, machines, machining and car fixing.

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Subvented lease

A subvented lease is a lease offered by manufacturers with special incentives to make it more attractive. Special incentives often take the form of a lower base interest rate, higher residual values, and manufacturer discounts. In many cases, a subvented lease will have a lower net interest rate than other leases. Subvented leases are usually only available for a limited time and the terms are not negotiable. Any negotiated change in the terms will result in a different net interest rate.
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Car Insurance FAQs #1

What are Car Financial Responsibility Laws?

This is the law that says you have to prove that you are financially able to pay for anything you may be responsible for while driving your car. The easiest way of showing this is by having car insurance and that is what the majority of people do to comply with this law. Some states to have other ways that one can show financial responsibility such as giving a large cash deposit for the DMV.

What Happens if I Choose Not to Purchase Car Insurance and Still Drive My Car?

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