23/04/2021
What is leasing?
When you apply for a lease, you are renting it for a certain period of time. Imagine as though you're renting out a new house. You pay rent to the landlord and directly move in with your family.
In essence, that is what a lease is about. However, in a lease, you will have a fixed period of time after which the company will retrieve the car from your possession. At the end of such a period, you can choose to extend the lease or purchase the vehicle with the current value.
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