Whenever you’re looking for *** new car, there are typically two options, buy it with *** traditional loan or lease it, which is why *** few of you have reached out asking what’s the difference between them. So let’s compare the two options with leasing. You won’t own the vehicle. It’s more like renting. That means you’ll have lower monthly payments compared to buying *** car. Most of the time the vehicle you’re leasing will still be covered by the manufacturer’s warranty. So you won’t be on the hook for expensive repairs. In some cases, your lease agreement may even cover basic and it’s like oil changes, but you’ll also likely have an early termination fee and mileage restrictions around 10 to 15,000 miles *** year. So if you know you’re gonna be driving more than that leasing, probably not right for you with buying and financing, you’re gonna have …
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