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Planning to own a car? You could go for either for leased or purchased one. There are certain differences between a car lease and car purchase. Thus, in case of buying a car, once the payment is done, there will be no relation between the buyer and the seller. On the other head, in case of lease, one who give the car on lease and the other who takes the leased car are bonded by agreement for a number of years/months certain period, and with some conditions. They are distinct features as in many factors like ownership, payments, taxes, etc. Now we will discuss about them.
Buying a car is not an easy task whether it is for the first time or not. You should have certain knowledge and information about cars before buying.