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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

When buying a car, the person owns it outright after fully paying for it, whereas leasing is more like paying to rent the car for a specified period of time, according to Investopedia. Although both can result in a new c... 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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The main difference between buying and leasing a vehicle is ownership, according to DMV.org. With a vehicle purchase, the buyer owns the car. With a vehicle lease, the lessee is in a borrowing arrangement, and must retur... More »

www.reference.com Vehicles Buying & Selling

Some benefits of leasing a car instead of buying one include lower payments, less money down, and the ability to drive a nicer vehicle, explains Autobytel. A lease is a means of acquiring a car by financing only a portio... More »

www.reference.com Vehicles Buying & Selling

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

When buying a car, the person owns it outright after fully paying for it, whereas leasing is more like paying to rent the car for a specified period of time, according to Investopedia. Although both can result in a new c... More »

www.reference.com Vehicles Buying & Selling