Tag: lease

Advantages and Disadvantages of Leasing a Car
Finance and Business

Advantages and Disadvantages of Leasing a Car

Leasing a car is quickly becoming the preferred option for individuals and businesses alike. Because of this, car companies have started giving out better incentives to improve their sales as well. So here are some of the important points to consider before leasing a car. WHAT IS CAR LEASING? Car leasing is a type of leasing of a vehicle for a fixed period of time and money from a car dealership. It is an alternate option to buying the said vehicle or car. In other words, instead of buying a car, you just rent it for a certain period of time. A lease is a contractual agreement between the lessee (the customer) and the lessor (the car dealer) for the use of a service, product, or an asset. And paying off a lease depends on factors like the sales price, lease period, fixed expected mileage...