Unless you have the cash ready, you’ll need to apply for a "used car loan" to cover the residual price at the end of the lease.
Generally, leasing then buying is slightly more expensive than buying the car brand new with a 0% or low-interest loan, because you pay lease acquisition fees and potentially higher interest rates on the back-end loan. lease car then buy
You drive the car for a set term (usually 3 or 36 months) while paying for its depreciation rather than the full purchase price. Unless you have the cash ready, you’ll need
You get several years to see if the car fits your lifestyle, has mechanical issues, or if you truly enjoy driving it before committing to a 10-year relationship. You get several years to see if the
You know exactly what the car will cost years in advance. If the market value of the car ends up being higher than the residual value, you’re getting a bargain.