| Alternatively, how else would you finance the purchase of a car, |
Leasing in the US isn't purchasing the car . . . it's paying to borrow it for a certain period of time -- usually 2-3 years. More often in the US, people will buy used cars, as the value of a car depreciates significantly as soon as it's driven off the lot the first time (even with less than 100 miles on it). The other option is that people take out auto loans which generally have 5 year terms.