Leasing Vs. Financing: Car Maintenance Myths

TORONTO - March 11, 2022 - PRLog -- When paying for a vehicle upfront is not an option, there are two more options to choose from. This includes financing the vehicle or leasing it. There are many misconceptions about these options and we are here to help clarify what is a myth and what is the truth. Knowing what is true and false will help you make the right decision for you the next time you are faced with these options.

Myth 1: Financing a Car Loan Makes Maintaining Payments Trickier

Surprisingly, this particular myth is actually true. While this might not necessarily be a bad thing, trying to maintain payments on a financed car is tricky. Whereas there is more of a black and white concept for leasing agreements. Meaning they are unchangeable and basically set in stone. if you ever need to terminate your lease earlier than agreed upon, there is guaranteed to be a large, undesirable fee that will need to be paid, and no one wants that.

Read More: https://www.goodfellowsauto.com/car-buying-tips/leasing-financing-car-maintenance-myths/

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