Under the typical leasing agreement,over the term of the lease you do not accumulate any equity in the leased vehicle.

Name: Under the typical leasing agreement,over the term of the lease you do not accumulate any equity in the leased vehicle.
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In a typical leasing agreement, the lessee pays for the use of the vehicle during the lease term but does not gain any ownership or equity in the vehicle. At the end of the lease term, the lessee must return the vehicle to the lessor.

Under the Typical Leasing Agreement,over the Term of the Lease