Leasing is essentially a long-term rental that allows you to drive a car during its most reliable, "trouble-free" years.
: Often requires a smaller down payment than purchasing. The Case for Buying lease v buy
: You can upgrade to a new model with the latest safety and entertainment features every 2–4 years. Leasing is essentially a long-term rental that allows
: You only pay for the vehicle's depreciation during the lease term, not its full value. covering major repairs.
: Most leased vehicles stay under the manufacturer's warranty, covering major repairs.