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When you lease a car vs. buy a new car, you can often afford to get into a nicer and newer car with a smaller monthly budget. Manufacturer's Warranty Many CPO cars come with a manufacturer's warranty.
There are other more affordable options for buying a car, though, including certified pre-owned vehicles (CPO) and used cars. For new cars purchased with a loan, the price tag for your monthly ...
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
Leasing a car instead of buying can be a good option for older drivers, depending on your budget and how you plan to use the vehicle. But weigh the pros and cons of leasing before signing on the ...
Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...
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