Financing or Leasing a Vehicle: Which Is Better?

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financing or leasing a carIn the US,there are already around 276 million vehicles that are registered with the DMV. It is known that 30% of these vehicles are leased and the rest are financed or already owned. When it comes to choosing a vehicle to drive, you do have the option to either lease or finance the vehicle. The difference between the two isn’t really hard to understand. Financing a vehicle simply means taking out a loan to purchase and own the car of your choice. Meanwhile, leasing a vehicle means that you’re only going to use it for a specific period of time.

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