How do I add a car Lease from Hyundai?

billysboutin

I tried to add an online account for a car lease from Hyundai Motor Finance Company but quicken created a loan and marked it as paid off. I changed it to an auto loan but it still has no entries. How do I convert it to a lease?

J_Mike

I have leased in the past.

I simply set up a scheduled monthly payment to the lessor.

No accounts are involved. You have no equity.

You can likely terminate the lease at any time - subject to penalty charges.

The lease is is really no different than a ;omg term rental - just a monthly expense.

splasher

I'm not aware that Quicken supports car leases, car loans, yes, but not leases.

J_Mike

I have leased in the past.

I simply set up a scheduled monthly payment to the lessor.

No accounts are involved. You have no equity.

You can likely terminate the lease at any time - subject to penalty charges.

The lease is is really no different than a ;omg term rental - just a monthly expense.