Leasing typically requires a much smaller down payment than buying. While buying a car often necessitates a 20% down payment to avoid being "upside down" on a loan, many leases can be started with little to no money down. 3. Lower Sales Tax and Repair Risk
The Financial Logic: Why Leasing Often Looks "Cheaper" Than Buying why is leasing a car cheaper than buying
: Your loan covers the entire $50,000 value of the car (plus interest) over a set term. Leasing typically requires a much smaller down payment
