What’s the Difference Between Renting a Car and Leasing One?

The auto industry has experienced as much disruption as other business fields thanks to the expectations of the current young generation. While people may be purchasing and leasing fewer vehicles, at some point in most consumers’ lives, ridesharing will no longer be a viable option. At that point, you will have to decide if you want to rent a car or lease one. Here are the pros and cons of each to consider. 

Renting is a service most often used at airports by travelers looking for independent transportation, but it’s handy for other uses like being able to get around when your car is at the mechanic for a day or two. You are not constrained by the number of miles you are going to drive or where you are going, and if you need something larger, you can pick it out of the lot. The downside to renting is that it’s an expensive [...]