• Leasing Process Leasing a vehicle has become a popular alternative to purchasing for people who may not have a large down payment or do not wish to own a vehicle. The monthly lease payment can be comparable to a loan payment.
Consumers should be aware that leasing may involve large costs for excess mileage, early termination, or excess wear and tear. When you lease a vehicle, make sure all the terms of the lease are in writing, that you understand the terms of the lease and that you agree with the terms.
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