2. Means of Purchasing
b. Leasing
Leasing is probably most common in cars and housing. The interesting thing about leasing is that you’re not really buying the item at all – it’s more like you’re renting it but taking on the responsibility of owning it. Basically, that means that you get to use the item and if something happens to it you are often responsible for repairing it. At the end of the lease term, you give the item back to its owner.
Lease vs. Buy
Should you
lease or buy your car? Use this calculator to find out! We calculate your monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you.
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