Since vehicles can depreciate, gap insurance may not be necessary. However, you will only cover the difference between the amount you’ve invested and its market value. What about gap insurance?: You can sign up for gap insurance on a leased car.This is because you won’t spend too much money maintaining and repairing the car if it gets faulty. Does the lender offer a warranty plan?: You can comfortably opt for a long-term lease if the rental dealer provides a warranty plan to its customers.Will you sublease?: A short-term lease will be more desirable if you intend to sublease. ![]() ![]() ![]() If you need the car for around 12 months, then a short-term lease will be more appropriate for you.
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