Leasing a car- when you lease a car you are leasing a car, but you are only paying for a portion of the Car’s actual cost. You are actually paying for the portion of the car that you will using over the number of years in your lease agreement*.
Buying a car- When you buy a car, you are paying for the car in it’s entirety. You will pay all of the car’s price, rather than just a portion of it.
*A lease agreement is a contract from the owner of the car and the customer that is leasing it. In the agreement it states how long you will have the car and how much you will have to pay monthly.
Buying a Car
Pros
Cons you own the car you can change and modify the vehicle however you want no Mileage penalty you can sell