![]() Mileage limits : There is always a set amount of kilometres you can drive with a lease.When you lease, you only have the right to drive it, but you do have the option to buy it at the end for the value stated in the contract. Owning the vehicle : When you finance a vehicle, you fully own it at the end of the agreement.You don’t drive a lot : If you don’t drive a lot, you don’t have to worry about kilometre limits or depreciation.Leasing allows people to drive a new automobile for less than financing a new one. Lower monthly payments : Many people need to watch their bottom line and keep monthly expenses as low as possible.You’ll be covered under warranty : You’ll likely always be leasing a new model and will be covered under the manufacturer warranty.A new car every couple of years : If you like driving with the latest features and technology, leasing is a great way to get a new one every two to four years, without worrying about fluctuating value when you want to re-sell. ![]()
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