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?
What about mileage restrictions on leased cars? Is that a concern for consumers?
Yes, that is another consideration. Most lease agreements come with mileage restrictions, meaning you may have to pay extra fees if you drive over a certain amount of miles per year. If you have a long commute or plan to travel frequently with the car, financing a car purchase may be a better option for you.