Leasing a car gives you the flexibility to use the vehicle without owning it. There are several options for leasing a car, and the regular payments you make may be similar to a car loan. The big difference comes at the end of the lease – you could face a lump sum payment if you want to own the car, or you can hand in the old car and “rollover” the lease and continue leasing a new car. Read on to decide if leasing a car is right for you.
Leasing a car - how does it work?
If you’re in the market for a new vehicle, you may be thinking about leasing a car. There are important differences between leasing and buying, and it’s worth having a good idea of how each option works to make the right choice for you.