  Vehicle leasing is simply paying for that portion of a car, van, or light truck that you use (the amount the vehicle depreciates) during a specific period of time or lease term. Leasing is different than buying in that you do not pay for the total value of the vehicle. Put another way, you borrow the vehicle instead of the money. With vehicle leasing you pay for the depreciation, a service charge, and interest on the money. At lease end, you return the leased vehicle to the lessor or, often, you can purchase it for the residual value. There are no hassles with a trade-in or selling the vehicle. If you buy a vehicle, you not only pay for the depreciation and interest on the loan, but you also buy the total value of the vehicle. When you are through driving the vehicle, you recover the remaining value by either selling or trading it. Of course, you can drive the vehicle until there is no value remaining.   Lease Dictionary - Find Out What All The Terms Mean HereWho Leases Vehicles? What Is Vehicle Leasing? Is Vehicle Leasing Right For You? What Questions Should You Ask? What Are Your Responsibilities Under A Lease Agreement? What Should You Look For In A Vehicle Lease Agreement? Be Cautious! Are There Tax Advantages To Leasing A Vehicle? How To Go About Leasing A Vehicle. Comparing Leases Lease Versus Buy Comparison
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