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Leasing a car: How to do it and mistakes to avoid
Bankrate
1/13/2021
© Thomas Barwick/Getty Images
Woman taking a pic outside of a car
Leasing a car gives you a vehicle to drive for a fixed number of miles and months. Its similar to renting an apartment instead of buying a house. There is less long-term commitment involved, but you still have to pay for it.
The monthly cost of leasing a car is often lower than buying it with an auto loan. Drivers save an average of $113 per monthly payment, according to Experians State of the Automotive Finance Market report. However, there are a number of downsides to be aware of. Heres how car leasing works and mistakes you should avoid. ....

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