: Most leased cars remain under the manufacturer’s warranty, covering major repairs.
Leasing is essentially a long-term rental, usually lasting 2 to 4 years. : buy a car or lease a car which is better
: You do not build equity and must return the car or pay a "buyout" fee at the end. : Most leased cars remain under the manufacturer’s
: Business owners can often write off lease payments as a business expense. Cons : buy a car or lease a car which is better
: Most leases cap annual driving (often 10,000–15,000 miles); exceeding this can lead to heavy fines.
: Ideal if you prefer upgrading to a new model every few years to access the latest features and safety tech.