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When you lease a car, you pay monthly to drive a vehicle. At the end of the lease agreement, you return the vehicle to the dealership. Unlike when you buy a car, you don't own a leased vehicle.
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.
The other option would be to lease instead. If you're not a road-warrior type who drives more than 15,000 miles per year, a lease might be a good way to get a new car you want at a payment that ...
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.
Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.
Kansas does not allow engaging in the business of selling vehicles directly or indirectly without a franchise agreement with the manufacturer. [58] This includes the display of vehicles in a showroom, thus banning galleries. Kansas does permit service centers, and one is planned for Lenexa, the city council granting its approval on April 19 ...