Messages

1

General Chat / LEASING - can`t understand

« on: March 05, 2008, 12:44:11 am »

In AM, you pay for the lease. As long as you pay the lease you use the plane. You don't get to own it.

Then what`s the difference between leasing and rent?

2

General Chat / LEASING - can`t understand

« on: March 05, 2008, 12:28:43 am »

Hi all AMs

I`ve read some topics about leasing, but still confused and cant understand one important moment.
As I know, leasing undermeans posibility of buying lease object, and most often (in real life) leasing means that, for example, if I want a/c that cost 50M$, but I dont have such a heap, then I go to the bank and say: "Hey Bank, buy this a/c from manufacturer, and then lease it to me for 5M$/month on length of 10 months!"
Bank says OK, and here`s my new plane. I`ll pay for it 5M$ every month, and after 10 months a/c is mine till the end of time.
Thats what I thought when leased 737-200 for 12,5M on 1 month term.  :oops:

But! Now I`m affraid of that "POSSIBILITY of buying" - as it was written on this forum about a year ago, this feature didn`t work, when lease time ends, a/c`s are returned to leaser. What`s about this now? Will I loose my 737 (and 3M with it :cry: ), or will I owe >40M plane for just 12,5M?
Winner or loser?   :?:

Thanks in advance!