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If you're tired of leasing a car, buying out your lease might be the best option. Car leasing is a great alternative to buying a car. Leasing a car means you can drive a new car every couple of years.
Mileage fees. One decision to make when leasing a car is selecting how many miles you expect to drive it. Three-year leases typically offer options of 10,000, 12,000, or 15,000 miles annually.
Used lease: Most leases are for new vehicles, but leasing a used car is another option. Single payment lease: You make all of your monthly payments upfront with a single payment lease.
For new cars purchased with a loan, the price tag for your monthly payments is typically higher than leasing. However, the vehicle is officially yours once it’s paid off. Benefits of buying a car
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.
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