consumer lease
- 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
- She entered into a consumer lease for the brand new car, primarily to use it for her household needs.
- The high end furniture was too expensive to purchase outright, so they decided on a consumer lease instead.
- 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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