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If you're shopping for a new car on a budget, leasing can be a good option to consider. When you lease a vehicle , you make monthly payments to essentially "rent" the vehicle for a certain number ...
The monthly cost of leasing a car is often lower than buying it with an auto loan. Drivers save an average of $129 per monthly payment, according to Experian’s State of the Automotive Finance ...
To lease a car, you only need to make a down payment followed by affordable monthly payments for the term of the lease. Follow these strategies to get the best deal. 9 Things To Consider Before ...
The actual lease payments are calculated in a very similar way to loan payments, but instead of an APR, the company uses something called the money factor. At the end of a lease's term, the lessee must either return the vehicle to or buy it from the owner. The end of lease price is usually agreed upon when the lease is signed. [5]
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Depending on the terms of your lease, you may have the option to purchase the car based on its residual value, return it to the dealership, or start a new financing or leasing agreement.
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