Whether you choose to buy or lease your next car depends wholly on your goals, budget, and personal preferences. Both buying and leasing cars have their benefits; the key is determining which benefits fit your unique expectations. Before you begin the search for your next personal or official car, you should take time to decide what you want to get out of it, what terms you are comfortable with, and the financial implications, letting those factors drive your decision. Vehicle leasing is the use of a motor vehicle without restrictions for a fixed period with reduced periodic payments as compared to buying a vehicle where a larger sum of money is paid to purchase the vehicle.