Purchase or Lease
Purchase
Who Owns The Vehicle
Whether you pay for the car with cash, or finance it and make monthly payments, either way it's yours. Of course, if you're financing it, just like a lease, you'll have to meet the obligations the lender requires which you agreed to, like a certain down payment amount and timely monthly payments. If you don't, they have the right to repossess it.
Up-front…
