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People who lease a car are paying for what?

People who lease a car pay monthly payments to use a vehicle but do not own it. When the lease ends, the car must be returned to the dealership. Leasing a car can be advantageous because it typically results in lower monthly payments than buying a car. However, there are also some disadvantages to leasing a car, such as mileage restrictions and early termination fees. The decision of whether to lease or buy a car depends on an individual's specific circumstances and needs.