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?
Are there any other factors that should be considered before deciding whether to lease or finance a car purchase?
Yes, the length of ownership and maintenance costs should also be taken into account. Leasing a car typically means you are only committed to it for a few years, while financing a car means you will likely keep it for a longer period of time. Additionally, maintenance costs may be covered under a lease agreement, but may not be if you own the car outright.