Leasing Vs Financing – Major Differences

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 Leasing – It basically means when a car lease lets you drive a car without paying a large amount of cash or take out a loan and you make a small down payment with subsequent monthly payments for the term of the lease. And you will have to return the car after the term expires.

Financing – Auto financing means to buy a car with any arrangements other than paying the actual lump-sum amount of car. We do not have to return the car like in leasing.

 


See Major differences:

https://allcarsonline.com/leasing-vs-financing-major-differences/

Location: United States

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