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.
Then you can jump into another brand new car without
the hassle to sell the car you were driving.
