Hey everyone! I've been thinking about leasing a car recently and did some research on it. Here's a quick rundown on the pros and cons, hoping it might help you too. On the plus side, the monthly payments are usually lower than buying, you can easily upgrade to the latest models, and there's no need to worry about the car's long-term value. However, there are also downsides like restricted mileage, potential extra costs for wear and tear, and no ownership at the end of the term. Funny enough, I was talking with my friend who's a
Mortgage Broker in Basildon the other day, and they mentioned how car leasing can actually impact your credit score. Just something to keep in mind if you're considering it!