Can you explain leasing a car and how it differs from buying a car?

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1036579

2026-07-17 11:35

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Leasing a car is like renting it for a specific period, usually 2-4 years, with a set monthly payment. At the end of the lease, you return the car. Buying a car means you own it outright after paying for it, with the option to keep or sell it. Leasing typically has lower monthly payments but you don't own the car at the end.

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