Top Car Leasing Questions Answered
How Does Vehicle Leasing Work? What is Car Leasing?
If you're wondering what is car leasing, or how does leasing a vehicle work, then you're in good company. Some of us may not be familiar with all the pros and cons of leasing a car. There are, in fact, a good number of auto leasing options available these days.
In general, vehicle leasing is the rental of a car, truck, SUV, minivan, sports car, or electric car for a fixed period of time. Many car and truck dealers offer vehicle leasing as an alternative to traditional auto purchase or financing. It is commonly utilized by businesses when acquiring business vehicles. In general, leasing a car costs less than buying, although there are several restrictions, such as mileage limits and non-customization agreements, that can determine whether it is better to lease or buy a vehicle.
Today we are going to look at our ten most frequently asked questions regarding vehicle leasing.