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

Advantages of leasing a car include the possibility of a better car for less money and bypassing the need for a hefty down payment, according to U.S. News and World Report. Another advantage is the fact that many leased ... 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

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