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Leasing Vs Buying a Car Dilemma

buying economics leasing

If we take in consideration just numbers, we may have an easy solution to leasing vs buying a car question. Going for leasing means having less monthly payments and less maintenance and repair costs. However these costs remain more or less constant over the entire time of ownership of different cars (if these cars have the same prices). Going for taking a loan to buy a car means having to pay higher monthly payments. But after you have paid all the payments the car is yours and you do not have to pay anything but maintenance and repair costs. This...

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