Car Or Lease A Car Which Is Better | Buy A

Leasing is essentially a long-term rental, usually lasting 2 to 4 years. :

Leasing vs Buying a Car in India: Comparison Guide - Tata Capital buy a car or lease a car which is better

: Business owners can often write off lease payments as a business expense. Cons : Leasing is essentially a long-term rental, usually lasting

: Most leases cap annual driving (often 10,000–15,000 miles); exceeding this can lead to heavy fines. Leasing is essentially a long-term rental

: You do not build equity and must return the car or pay a "buyout" fee at the end.