What are the advantages of leasing a new car?
There are three main reasons people lease, rather than buy, a new vehicle: • People who like to drive a new car every few years will pay much less by leasing than if they buy. They also don’t have to deal with getting rid of their old car — they just turn it in at the end of the lease period. • Lease payments are usually lower than loan payments for any given car. • Leasing gives people the opportunity to drive a more expensive car than they could afford to buy.