• BigFig
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      193 months ago

      We lease this mess now, for $0 down payment and 5.6% APR*

      *For 3 years, then APR subject to change on the whims of the owner

      • @[email protected]
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        73 months ago

        Real talk, I honestly don’t get the point in leasing, or even how it’s different from renting. Sounds more like renting with a different name.

        • BigFig
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          53 months ago

          Typically, leasing is long term and renting is short term (contract length I mean)

        • Troy
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          23 months ago

          You’re correct. They are the same. Loan may also apply.

          However, depending on where you are, there are regional differences in where the terms get used. Locally, you rent an apartment but lease a warehouse (why?). Also, if you rent an apartment and turn over your lease agreement to another person, you are sub-letting the apartment. And “let” also means lease in this context. Err rent. Fuck, I’ve gone cross-eyed