Leasing vs. Owning Financial Benefits
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leasingCityNews
•Looking for a new car? What you should know about leasing vs. owning
71% Informative
A car lease is essentially a long-term rental: you’re paying the dealership for use of a car over an agreed-upon period of time.
Monthly lease payments are typically lower on a new car than if you were paying off a loan.
For car lovers who want a fresh ride every three or four years , financing to own still has merits.
There’s less drama with a new vehicle under warranty, Wiebe pointed out.
Leasing is also good for corporations that prefer not to have ownership of a car on their record, said Wallcraft .
Wealthy customers, mostly, want to drive the latest and greatest, she said.
VR Score
70
Informative language
65
Neutral language
68
Article tone
informal
Language
English
Language complexity
33
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
1
Source diversity
1
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