What distinction is made in "Auto Loans: How to Get a Good Deal" between purchasing a car and leasing one?

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Question
What distinction is made in "Auto Loans: How to Get a
Good Deal" between purchasing a car and leasing one?
Answer

Purchasing a car involves taking out a loan to buy the car outright, while leasing a car involves making payments to use the car for a set period of time.

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In "Auto Loans: How to Get a Good Deal," the distinction between purchasing a car and leasing one is explained. When purchasing a car,...
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