Should you lease a car? This is a question that certainly will bring about a variety of different responses and answers. First, what is leasing? Simply stated, leasing a car means that you are essentially engaging in a prolonged rental of a car. As a result, you will have a limited number of rights in terms of using the car. Here are some of the key facts you should keep in mind when it comes to leasing.
Leasing has continued to exist, as it has many different bright spots that attract consumers. Let's take a look at some of those bright spots.
Is it better to buy a car or lease a car? This is, of course, a personal decision. However, for most car buyers, the option to purchase a car is generally viewed as being a superior option. One key reason for this is that leases generally require people to put money down up front. Another issue with leasing is that the driver doesn't own the car. This, of course, means that you will always have a car payment as long as you are leasing. For those looking forward to a day without car payments, leasing isn't a good option.
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