consumer lease

Definition of "consumer lease"
  1. A type of lease agreement made by a seller or leaser of a product, who is habitually involved in such business practices, to a renter who is primarily acquiring the product for use within their personal life or domestic environment
How to use "consumer lease" in a sentence
  1. She entered into a consumer lease for the brand new car, primarily to use it for her household needs.
  2. The high end furniture was too expensive to purchase outright, so they decided on a consumer lease instead.
  3. It's important to read all terms and conditions before signing a consumer lease to protect your rights as a renter.

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