financialdecisions

  • Lifestyle

    What Does Leasing a Car Mean?

    Understanding the Concept of Car Leasing Car leasing is a process of renting a vehicle for a specific period of time, typically 2-4 years. Instead of buying the car outright, the lessee (the person who leases the car) pays a monthly fee to use the car. At the end of the lease term, the lessee returns the car to the…

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