What Happens At The End Of A Car Lease?
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Leasing a car is a common practice for consumers when looking for a new vehicle. A vehicle is most often leased from a dealership or a bank and is somewhat comparable to a long-term rental. You make a down payment at the start of a lease, then make regular monthly lease payments for the entirety of the lease term to keep the vehicle in possession. Most leases are 24 to 36 months long, but what happens at the end of a car lease?