With car leasing, you basically rent the car from a dealer for a set period of time. You pay a monthly rental fee of 24,36 or 48 months, but these fees are usually lower than if you bought the car outright. When the car leasing ends, you return the car to the dealer and rent a new model, or just walk away.
Renting a car is a great option for those who want a low monthly payment or who like to...