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Inventor: Lord Darbishire of Sussex
Price: 325,000 US
Lease Period: 2 weeks
This quotation demonstrates the strong historical link between nobility and heraldry, whereby the right to bear arms was restricted by law to the upper class (a system which continues to this day in many European countries, including Britain). European nobility originated from the feudal/seignorial system that arose in Europe during the Middle Ages. Originally, knights or nobles were mounted warriors who swore allegiance to their sovereign and promised to fight for him in exchange for an allocation of land (usually together with serfs living there).
During the time period known as the Military Revolution, nobles gradually lost their role of raising and commanding private armies, as many nations created cohesive national armies. This was coupled with a loss of the social-economic power of the nobility, owing to the economic changes of the Renaissance and the growing economic importance of the merchant classes (or bourgeoisie), which increased still further during the Industrial Revolution. In countries where the nobility was the dominant class, the bourgeoisie gradually grew in power; a rich city merchant was more influential than a minor rural nobleman. However, in many countries at this time, the nobility retained great social and political importance; for instance, the UK's government was dominated by the nobility until the twentieth century.
When you lease a new Honda or Acura automobile, you contract to use it for the first - and best - period of its life. Your monthly payment covers the depreciation of the vehicle, plus a service fee. That means that you pay only for the portion of the vehicle's worth that you are actually going to use. In a lease, your mileage is generally limited to 12,000 or 15,000 miles per year, although you can "buy" extra miles up front to save excess mileage charges at the end of your lease.
Your monthly lease payment is calculated based on several factors, including the term of the lease, a service charge, the capitalized cost which is based, in part, on the purchase price, and the vehicle's projected residual value at the end of your lease. A capitalized cost reduction, similar to a down payment, can help reduce your monthly payment. To save time at the dealer, you can even apply for pre-approval online. Don't forget to check with your insurance agent to make sure you have sufficient coverage.
| Her Majesty's Royal Time Chamber | $325,000.00 |
