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about: auto leasing
what is an auto lease
Leasing is simply a 3-yr or more rental agreement. You are renting the car for a period of time that you will return at the end of your leasing agreement.
- The advantage of leasing is that the monthly
payments are significantly lower than
financing.
- The disadvantage of leasing is that you will not be building any equity value. You don't own anything.
The financial advantages and disadvantages of leasing
will vary by person and circumstances.
- If you are a person
who must drive a new car every 1-3 years, then leasing may be your best financial
option.
- If you are a person
who likes to replace your car every
5 years, then either leasing
or financing will be your best financial
option.
- If you a person who likes to drive the same car for 7 or more years, then financing would be your best option.
Find-Compare Auto Leases
- For information about leases: click here
- Find the right lease without paying dealer markup: click here
- Compare leases for best lease: click here
Take Over Another Lease
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