People these days look more forward to leasing a car rather than outright buying it. They think it’s cost-effective. And that part is true.

There are unexpected repair costs and depreciation too involved when you own a car. That’s why individuals prefer leasing as it saves them a considerable amount of money. It is seen as the cheapest way to drive a new car around these days. This is because all you’re doing is paying the depreciation on the car each month.