Leasing is essentially renting a vehicle for a set period, typically 24 to 48 months. Pros and Cons of Leasing a Vehicle | Toyota.com

The decision between leasing a new car or buying a used one depends on whether you prioritize or long-term financial value . In 2026, buying a used car and keeping it for six or more years remains the most economical path for most drivers. Leasing a New Car