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Heather van der Hoop (she/her) is an editor with more than a decade of experience helping writers communicate clearly and concisely. Zoe Hansen / Investopedia Leasing and buying each have their pros ...

Instead of buying a car, lots of people lease them. But how, exactly, does this work? How does it differ from a car subscription? And is it a good idea?

For years, conventional wisdom has said buying a car is always the smarter financial move. But with high prices, rising loan rates and tighter household budgets, that’s not always true. In some cases, ...