the lessee has the right to expect the lessor to make all necessary repairs in a timely manner
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The Inflation Reduction Act that put the kibosh on so many models’ eligibility also extended them to commercial fleets (which in this case includes automakers’ captive financing arms) that are allowed to claim the tax credit without limitations and pass all or part of it along to lessees.—Jim Gorzelany, Forbes, 12 Mar. 2025 When combined with another $15,000 in savings and incentives for lessees, Tesla owners can get up to $20,000 to switch to a Polestar 3.—Emily Forlini, PCMAG, 3 Mar. 2025 The payment amount is determined by the size of the financing and the creditworthiness of the borrower/lessee.—Chris Scharman, Forbes, 27 Dec. 2024 Eligible claimants include current or former owners and lessees of the affected Subaru models who have experienced windshield cracking issues.—Dan Perry, Newsweek, 31 Jan. 2025 See All Example Sentences for lessee
Word History
Etymology
Middle English, from Anglo-French, from lessé, past participle of lesser to lease — more at lease
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