GETTING A CAR LOAN - Financial Rights Legal Centre
Remember the lender can repossess your car if you fail to make repayments! If you want to OWN your car, get a LOAN (NOT a Lease!) A lease only gives you the right to use the car for a short time. You will have no right to buy a car at the end of the lease. Cars generally depreciate in value. The loan could be more than the value of the car! ................
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