What is the difference between buying and leasing a vehicle?

Mark Wahlberg Chevrolet of Columbus | May 11, 2022 | Category: Car dealer in Columbus, Ohio

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Mark Wahlberg Chevrolet of Columbus | May 11, 2022

Monthly payments tend to be cheaper with a lease than when financing a car because leasing pays for the depreciation of the vehicles versus the price of the vehicle itself. Leasing a car is like renting it for a fixed term, while you make monthly payments then return it at the end of the lease. Buying a car means you finance the vehicle with the help of an auto loan.

Bobby Dunkle | May 11, 2022

Yes

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