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Buying a car or take a Leasing

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Buying and leasing are two different methods of financing a car. When you buy a car one pays for the financing of the purchase of the car. On the contrary, when you lease a car one pays for the financing of the use of the car. Consider buying if: 1) you expected driving your car at least 5 years or more. Once completely pay the financing, you will be owner of the car without having to make additional payments..

Consider lease: 1) if you are interested in a car more expensive than you might pay. Payments in the leases are generally lower than the buy. In addition, leases do not require ready high. 2) If you would like to drive a new car every two or three years. When the rent contract expires you have the option to deliver the same and lease a new one.

As we can see, there are several differences between buying and renting a car. The most convenient method depends on the interests and needs of each individual. For more information, see a CPA or Attorney.

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