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The primary differences in leasing versus buying a vehicle are the ownership, monthly payment amounts and restrictions on use of the vehicle, explains Consumer Reports. Depending on the lease terms for return of the vehi... More »

www.reference.com Vehicles Buying & Selling

Leasing a car is a great way to drive a new car every few years, and it usually requires less money up front and may offer smaller payments. However, mileage and wear and tear charges can add up, and a leased car must be... More »

www.reference.com Vehicles Buying & Selling

Advantages of leasing a vehicle versus buying one include not having to finance a loan for the full price of the vehicle, as well as simplifying the trade-in process for a new vehicle, according to U.S. News & World Repo... More »

www.reference.com Vehicles Buying & Selling
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Perhaps the greatest advantage of leasing a vehicle is a lower monthly payment; the biggest disadvantage is the lack of ownership at the end of the lease. Whether or not a lease is the right decision ultimately depends o... More »

www.reference.com Vehicles Buying & Selling

To determine if a vehicle is up for repossession, contact the finance or leasing company that provided the car loan. Failure to make payments on time typically gives the creditor or lessor the right to repossess the vehi... More »

www.reference.com Vehicles Buying & Selling

Advantages of leasing a vehicle versus buying one include not having to finance a loan for the full price of the vehicle, as well as simplifying the trade-in process for a new vehicle, according to U.S. News & World Repo... More »

www.reference.com Vehicles Buying & Selling

When leasing a car, benefits include no applicable sales tax, little or no down payment, and the lessee can trade in the car every few years, as detailed by Consumer Reports. Other benefits exist but only apply under spe... More »

www.reference.com Vehicles Buying & Selling