Comments Off on Leasing A Car Versus Buying: The Truth Is Exposed
In a fast-paced world, we rely on our vehicles to get us around. There are many options regarding purchasing a new car and today’s consumer is finance-savvy so it is worth taking your time to decide whether it is better to lease a car or buy it. Leasing contracts are negotiable and you can come to an arrangement that is advantageous to you. You must have a clear understanding of what you are paying for and how you are paying for it before you enter into any lease contract. Visit a car lease dealership with a good reputation.
What Are You Paying For?
Buying a car means you are paying for the whole car and most people take out a loan so there is interest too. When you lease a car you are paying for the reduction in the value of the car over the lease contract period. For example, if your car is valued at