 TITLE: What Is a Car Lease and How Does It Work? CONTENT: What Are the Benefits of Leasing a Vehicle?\n-------------------------------------------\nLeasing a car may be more appealing than buying for several reasons:\n*   Assuming you're comparing leasing versus financing a purchase of the same car, the lease payments will generally be lower than the monthly loan payments.\n*   A lease may require a smaller down payment than purchasing a car with a loan.\n*   You may be able to afford a brand new car, complete with the latest bells and whistles, even if you couldn't afford to purchase the same car.\n*   If you want to always drive the latest-model cars, leasing could be less expensive than buying and selling a vehicle every couple of years.\n*   Your car will generally be covered by a manufacturer's warranty.\n*   You don't need to worry about selling or trading in the vehicle at the end of the lease. END