I don’t understand why there is an interest rate quoted on car leases. How is leasing something different than renting something? If I get an apartment I just pay rent. So how does interest come into play.
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When you sign apartment contract, you also allow them to raise the rent every so often for x reasons. Leasing a car follows the same idea. It’s no different other than from legislation standpoint(car and apartment are not the same).
When you lease a car you just pay lease.
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