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

The choice between buying and leasing a car depends on your lifestyle, mileage, and financial priorities. In 2026, market factors like high vehicle prices and rapid technological shifts—especially in Electric Vehicles (EVs)—are making this decision more complex.

: Most leased cars remain under the manufacturer’s warranty, covering major repairs.

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