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What affects your perception of a car lease?

Changes in your driving habits, financial situation, or other circumstances can shift your perception of car leases. Continue reading to evaluate the advantages and disadvantages of leasing to help you decide whether or not to lease your next car.

What are the pros and cons of leasing a car?

Car leasing is most often used for those purposes: Convenience: You negotiate conditions such as lease length and monthly rate upfront. It’s a relatively simple and hassle-free process. Affordability: Leasing the car is cheaper than financing. You avoid large down payments and your monthly payments are low.

How do I choose a car versus a lease?

Think about how much you can comfortably afford to pay upfront each month and consider how many miles you spend on the road to figure out the most cost-effective way to hit the highway. When you know what kind of car you want, crunch the numbers with a lease versus buy calculator.

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