What are the advantages of car leasing short term over conventional credit a new car?
I went to a car dealership and explained both plans (conventional lease) lease plan which offers a lower monthly payment. It seems I can turn the boat at any time, so do not must continue to pay me a new car. I want to know if there are other advantages or disadvantages with respect to a conventional plan. In a lease car typical property is owned car rental company, not you. However, typically have a purchase option at the end of the lease for a fixed purchase price residual. This part of the property means that the company bears the risk of leasing the market value of the vehicle. That is, if the value of car depreciates more quickly than expected, it crashes with a vehicle of low value and not have to buy it at the end of the lease. However, it is possible that have special auto insurance that covers the difference between market value and the residual value of vehicle leases in the event that the car was reached. The company lease also stipulates how many miles you can drive the car