Buying a car means you pay the full price—often via a loan—to gain complete ownership and build equity over time. Leasing is a long-term rental agreement (typically 2–4 years) where you pay only for the vehicle's depreciation during that period before returning it to the dealer. The Core Differences What should I know about leasing versus buying a car?
Think of the choice between leasing and buying a car as the difference between and buying a house .