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If lease payments are cheaper than loan payments, why would anyone want to get a loan to buy a car instead of leasing?

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If lease payments are cheaper than loan payments, why would anyone want to get a loan to buy a car instead of leasing?

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If you can afford higher payments, like the idea of ownership, want to retain some value in your vehicle for when you sell it or trade it in and like the possibility of being payment-free for a while once the loan is paid off, then a car loan can be a good decision.

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