When you lease a car, it’s more comparable to a rental than a loan. You are paying the leasing company (usually the manufacturer or the dealership) to use their car every month, instead of getting a poýyczka Radom. Basically, the leasing company will “buy” the car for you and then you pay them back. In this process, there are also stipulations you must follow regarding the mileage you use in a year, which is where leasing companies will get you. You may be paying less a month, but say that you’re restricted to 10,000 miles a year. If you go over that mileage, you may get charged per mile/per hundred miles/per thousand miles.
Another interesting fact about leases is that you never technically own the car. Every year the value of your vehicle is assessed, and your payments may change according to that value. At the end of the term (usually 2-4 years), you need to return the car or buy it for the residual value. They also assess the wear and tear, which at that point you may be charged even more money. Although the payments may be less monthly, unless you take extreme care to make sure your car is in tip-top shape, you may end up paying more in the long run. On the other hand, you may end up being able to get a really nice car every 2-4 years, which is always nice and reliable.
On the other hand, a loan is your standard borrowing money from a financial institution that you will pay them back over a period of time. Loans may cost more monthly and have more up-front costs than a lease (you usually don’t have as many taxes or fees for a lease), it may be more beneficial if you plan on keeping your vehicle for the long haul.