Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. An open-end lease is a type of rental agreement that obliges the lessee (the person making ...
What Is an Open-End Lease for Collector Cars? At the pointy end of the market, companies like Putnam Leasing, whose CEO, Steven Posner, I interviewed recently, write open-end leases on blue-chip ...