
Before decide either to buy a new or used car, leasing may come into your mind. This is because there are many people out there keep shouting “Leasing is much better than buying, just leasing, don’t buy it!” Yes leasing is another choice other than buying a new, used, repossessed, impounded, or auction cars. Car leasing brings a lot of advantages and also disadvantages. Therefore, you have to evaluate it according to ability, usage, and budget.
What is car leasing?
Leasing is where a lease company or car owner (lessor) provides vehicles for leasee to use it for a fixed period of time. Leasee has to pay the monthly lease payment according to the lease contracts and agreements. Leasee has to determine the leasing period and also the affordable monthly payment. Often, the monthly payment shall not over 15% of the net income. (more…)

