An advantage of a lease over a purchase is that the buyer can usually obtain a more expensive vehicle for the same monthly payment.

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This is because with a lease, the buyer is only paying for the depreciation of the vehicle over the lease term, rather than the entire purchase price. This can result in lower monthly payments and the ability to lease a more expensive vehicle for the same monthly payment as a cheaper vehicle purchased outright.

An Advantage of a Lease Over a Purchase Is That