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Whats Leasing A Car

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Every car depreciates over time. You can drive as often and as far as you want with the awareness that more kilometers will lower its resale value. Pros And Cons Of Leasing Vs Buying A Car Most leases will require you to negotiate an annual limit on how much you can drive the car and you will incur extra charges if you go over that limit. Whats leasing a car . This stands for Personal Contract Hire and is simply another name for leasing. Leasing a car is a way of borrowing it for a couple years. What Is a Car Lease. Car leasing companies operate as independent vehicle brokers continually getting the best real time deals from all the major finance companies and dealerships in the UK. This means they can offer. At no point in the process do you actually own the car and there isnt a balloon. When you buy a car you own the vehicle and can keep it for as long as you choose. Although you still make a monthly payment its a relationship thats closer to renting an apartmen