Buy A Car Or Lease A Car Which Is Better 【Confirmed】
: You may be charged for any damage beyond "normal" wear at the end of the term. Buying a Car
: Most leased cars remain under the manufacturer’s warranty, covering major repairs. buy a car or lease a car which is better
: Business owners can often write off lease payments as a business expense. Cons : : You may be charged for any damage
Leasing is essentially a long-term rental, usually lasting 2 to 4 years. : buy a car or lease a car which is better
: Most leases cap annual driving (often 10,000–15,000 miles); exceeding this can lead to heavy fines.
: Payments are typically lower because you only pay for the vehicle's depreciation during the lease term, not its full value.
Leasing vs Buying a Car in India: Comparison Guide - Tata Capital