Tag Archives: What is lease a car?

What is lease a car?

Leasing a car is a method of obtaining the use of a vehicle for a set period, typically 2 to 4 years, in exchange for monthly payments. Unlike traditional financing where you’re working toward owning the car, a lease allows you to essentially rent the vehicle for the specified duration. Here are the key aspects of leasing a car: Monthly Payments: Instead of paying the full purchase price of the car, you make monthly payments […]