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  2. What Is Car Leasing? Pros and Cons of Leasing a Car - AOL

    www.aol.com/car-leasing-pros-cons-leasing...

    What is car leasing? Find out everything you need to know about leasing a car, including the pros and cons and how to get the best lease rate.

  3. Pros and cons of leasing vs. buying a car - AOL

    www.aol.com/finance/pros-cons-leasing-vs-buying...

    When you know what kind of car you want, crunch the numbers with a lease versus buy calculator. Also, shop around for financing and compare your rates to ensure you make the best financial move.

  4. Mistakes to avoid when leasing a car - AOL

    www.aol.com/finance/mistakes-avoid-leasing-car...

    The monthly cost of leasing a car is often lower than buying it with an auto loan. Drivers save an average of $129 per monthly payment, according to Experian’s State of the Automotive Finance ...

  5. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    A lease is a contractual agreement between a person who owns the property (lessor) and a person who gets to use it during the term of the lease (lessee). Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years.

  6. Rule of 78s - Wikipedia

    en.wikipedia.org/wiki/Rule_of_78s

    Rule of 78s. Also known as the "Sum of the Digits" method, the Rule of 78s is a term used in lending that refers to a method of yearly interest calculation. The name comes from the total number of months' interest that is being calculated in a year (the first month is 1 month's interest, whereas the second month contains 2 months' interest, etc.).

  7. Annual percentage rate - Wikipedia

    en.wikipedia.org/wiki/Annual_percentage_rate

    The term annual percentage rate of charge ( APR ), [1] [2] corresponding sometimes to a nominal APR and sometimes to an effective APR ( EAPR ), [3] is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage loan, credit card, [4] etc. It is a finance charge expressed as an annual rate.

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