The conversation between human and AI assistant.
For the consumer, when is it better to lease a car versus financing its purchase with an auto loan?
Can you tell me when it is better for a consumer to lease a car versus financing its purchase with an auto loan?
Sure, there are pros and cons to both. Leasing a car often allows for lower monthly payments, but you will not own the car at the end of the lease term. Financing a car purchase may result in higher monthly payments, but you will eventually own the car outright.