What's the difference between Leasing and Financing? and The building in center is the Finance Building. The corner of the building on the right is the Legislative Building, Manila, Philippines 1945

What's the difference between Leasing and Financing?

Im trying to sell my old car and getting a new one. But i dont know weather i should lease or finance. I heard that when you lese you pay for the car and insurance in one, but you'll never get to own the car. which one is least expensive? And/or more convenient.


Finance best answer:

Answer by Salted Nuts
leasing is less expensive but you dont own the car after the lease term unless you come up with a large balloon payment plus you have limited miles per year and are charged for anything over that

Finance

The building in center is the Finance Building. The corner of the building on the right is the Legislative Building, Manila, Philippines 1945


Image by John T Pilot

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Orignal From: What's the difference between Leasing and Financing? and The building in center is the Finance Building. The corner of the building on the right is the Legislative Building, Manila, Philippines 1945