Leasing could be described as a point between renting and purchasing. With a rental, you agree to pay a fee to use a vehicle for a specified time. The title, registration, insurance, and maintenance are the responsibility of the rental company.
With a lease, you agree to make payments for a specified term, and at the end of that term, the vehicle is returned to the dealer, who holds the title. In the meantime, the vehicle is registered in your name, and you are responsible for the insurance and the maintenance. You are perfectly free to purchase the vehicle at a greatly reduced price, for you have already paid the price down through your payments.
The best way to find out more about what is right for you, and to consider these options, you might want to consult your local dealer. Your dealer can help you discover which option is best for you and fits your budget.
With a lease, you agree to make payments for a specified term, and at the end of that term, the vehicle is returned to the dealer, who holds the title. In the meantime, the vehicle is registered in your name, and you are responsible for the insurance and the maintenance. You are perfectly free to purchase the vehicle at a greatly reduced price, for you have already paid the price down through your payments.
The best way to find out more about what is right for you, and to consider these options, you might want to consult your local dealer. Your dealer can help you discover which option is best for you and fits your budget.
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Finance
