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25: Should You Finance or Lease a Vehicle?
Money Feels
The Differences Between Leases and Financing
For me, it's I think like 30,000 kilometers per year. You also can be charged at the end of your lease for wear or tear and damages. So that's some of the main differences is there's mileage restriction. If you drive a lot, you really need to consider the cost. And then obviously the other big difference are the costs and monthly payments because leases are generally lower than financing.
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