...Beauty, cleaning, DIY tips and more - free to join!
   Login   Contact us   Site map   Puzzle Club   Ask a question    Newsletter

Buying A Car: Leases And Loans

Hobbies : Cars And Motoring

Remember that there is a very key difference between a car lease and a car loan, and you should bear it in mind carefully.

That is simply this:

Once you have paid off a car loan then you own that car and it is yours to do what you want with.

However the opposite is true with a lease: once you have paid the money for the lease the car still does not belong to you and you own nothing.

It's a bit like the difference between renting a house and actually buying one!


No photo yet
By: Fred

Share on Facebook: On Twitter: TwitterTweet this!

  Reply to Buying A Car: Leases And Loans

  Receive Our Newsletter




Questions about cars:

Ask question

More Articles:
The key fact of photography
Why you must read before writing a word
Tips for your new car to retain its value