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Difference between revisions of "Leasing a Car"

From Clicklaw Wikibooks
3 bytes removed ,  22:25, 22 March 2019
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And at the end of the lease, you haven’t built up '''equity''' in the vehicle the way you would have if you had bought. At the end of paying off a car loan, you own the vehicle. At the end of a lease, you own nothing.  
And at the end of the lease, you haven’t built up '''equity''' in the vehicle the way you would have if you had bought. At the end of paying off a car loan, you own the vehicle. At the end of a lease, you own nothing.  


The result is that leasing typically costs you more than borrowing money to buy a vehicle. For more on buying a vehicle, see our information on [[Buying a Used Car (Script 197)|buying a used car (no. 197)]].
The result is that leasing typically costs you more than borrowing money to buy a vehicle. For more on buying a vehicle, see our information on [[Buying a Used Car (No. 197)|buying a used car (no. 197)]].


===Types of vehicle leases===  
===Types of vehicle leases===  
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