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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.
Leasing, on the other hand, can get you into a nicer car for a similar monthly payment. The caveat is that at the end of the term, when it comes time to turn in the vehicle, you’re left with ...
Leasing contracts require borrowers to have a valid driver's license. Whether you lease a new or used car, you must provide the lender with a copy of your driver's license. Make sure your driver's ...
Consider the pros of leasing a car. When you lease a car, you sign a contract allowing you to drive it for a period, such as three or four years, after making a down payment, such as 10%.
For example, if you exceed the mileage limit by 5,000 miles, you could end up owing an extra $1,500 — at 30 cents per mile — when you turn the car in at the end of the lease. 5. Not ...
Leasing and buying are both valid ways to get your hands on a new vehicle. Buying offers fewer restrictions than leasing on how much you can drive and what you can do with the vehicle. Plus, you ...
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