Most people often face the harrowing task of deciding between purchasing and leasing a car. Both the options may have their own set of advantages and disadvantages, which makes it even more difficult to select one option amongst the two. Buying or leasing a new car Leasing implies the agreement to use a car in exchange for a predetermined sum of money over a specific period of time. After the expiry of the lease, the car may be returned and another one may be purchased or leased. This may require making a financial decision at the expiry of the lease. Leasing is however suitable for people…

Source: TG Daily – Buying Or Leasing A Car – Factors That Can Help You Choose An Appropriate Option