Solved: Is financing a vehicle considered leasing or owning

Is financing a vehicle considered leasing or owning

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It is considered owning a vehicle. A lease is where you will return the car to the dealer after a specificed amount of time. With financing, the car is yours once you have paid the loan.

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It is considered owning a vehicle. A lease is where you will return the car to the dealer after a specificed amount of time. With financing, the car is yours once you have paid the loan.