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When you
lease a car, you don't have ownership, unless you choose to buy at
contract-end - which about a third of all leasers do.
Leasing is not all
that different than buying with a loan, in which case the bank holds the
title and you don't own your car until the loan is paid off.
A Hire
contract however does not allow you to buy the vehicle, at the end of
the contract you simply return the vehicle to the finance company.
More Advice about Car Leases
Car
Leasing Advice
Why
should I lease or hire a car?
Is
there a mileage limit?
What
level of wear is expected?
What
does maintenance mean?
Does
the cost include delivery?
Business
Car Leasing
Car
Leasing Companies
Car
Leasing Offers
Cars
Leases under £150
Do I
have any ownership of the car?
How
often can I get a new car?
Do I
need to make a down payment ?
What
cars make the best lease cars?
What
happens if my car breaks down?
Car
Leasing Deals
Company
Car Leasing
Short
Term Car Leasing
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