Better: Buy A Car Or Lease A Car Which Is

: You do not build equity and must return the car or pay a "buyout" fee at the end.

: Most leases cap annual driving (often 10,000–15,000 miles); exceeding this can lead to heavy fines.

: You may be charged for any damage beyond "normal" wear at the end of the term. Buying a Car buy a car or lease a car which is better

: Ideal if you prefer upgrading to a new model every few years to access the latest features and safety tech.

: Payments are typically lower because you only pay for the vehicle's depreciation during the lease term, not its full value. : You do not build equity and must

Leasing vs Buying a Car in India: Comparison Guide - Tata Capital

: Most leased cars remain under the manufacturer’s warranty, covering major repairs. Buying a Car : Ideal if you prefer

Leasing is essentially a long-term rental, usually lasting 2 to 4 years. :