Leasing your vehicle means you pay for the vehicle’s depreciation, but you don’t own the vehicle while you’re in your lease. Consider it more like a multi-year rental agreement.
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Vehicles with Great Residual Values
A vehicle’s residual value is a useful tool for new-vehicle buyers and lessees, who would be wise to be concerned with the rate of depreciation, since it determines what their car or truck will be worth after several years of ownership.
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