RateCity.com.au
Advertisement

What is a car lease?


Nick Bendel

Nick Bendel

1 min read

A car lease, also known as an asset lease or finance lease, is an arrangement by which a finance company buys a car on your behalf. You get to borrow the car in return for making regular payments to the financier. At the end of the lease, you can either buy the car or hand it back. 


Compare your product with the big 4 banks, or add more products to compare