Lease vs. Buy: Understanding Your Car Financing Options
Shawn Ryder
FEBRUARY 14, 2024
Lessees pay a monthly fee to use the car but do not own it. Limitations: Leases come with mileage limits and may incur charges for excess wear and tear. Buying a Vehicle: Ownership and Long-Term Savings Buying a car means you pay for the vehicle’s full ownership, either upfront or through financing.
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