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  2. What Is Car Leasing? Pros and Cons of Leasing a Car - AOL

    www.aol.com/car-leasing-pros-cons-leasing...

    The length of a car lease agreement depends on your lender and the length you choose. You might be able to get out of your lease early, but most lenders will charge you an early termination fee.

  3. Buy or Lease Your Next Car? Here's What to Know - AOL

    www.aol.com/buy-lease-next-car-heres-200000608.html

    Consider the pros of leasing a car. When you lease a car, you sign a contract allowing you to drive it for a period, such as three or four years, after making a down payment, such as 10%.

  4. What to Know Before You Finance or Lease Your Next Car - AOL

    www.aol.com/borrowing-smart-know-finance-lease...

    Then there’s also the option of a lease buyout, which is written into most contracts and permits the lessee to purchase the car outright for a previously agreed-upon sum.

  5. Vehicle leasing - Wikipedia

    en.wikipedia.org/wiki/Vehicle_leasing

    Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.

  6. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period (usually somewhere between 24 and 48 months), leaving a final balloon payment to be made at the end of the ...

  7. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    A lease is a contractual agreement between a person who owns the property (lessor) and a person who gets to use it during the term of the lease (lessee). Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the ...

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