Leasing a car is just like leasing a home. Cars are leased for a certain period of time or on the terms of the contract signed. A minimal payment is done every month and at the end of the contract you can look for different models or renew your old contract.. The options are all yours, but you have to be aware that the car will not be yours.
When you buy a car the car is all yours. Once you pay of the auto loan you can proudly claim it as your own.
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