Because a lease is an agreement between you and a financial institution, the vendor does not have the ability to vary the phrases of the settlement. A dealer initiates a lease agreement on behalf of the bank, however when you lease a automotive, you aren’t entering right into a contract with an area dealership. Determining your car’s equity is essential whether or not you are planning on trading it in or selling it outright. You will get essentially the most for your automotive if you deal with it and maintain it in prime condition.