There are many advantages in leasing than actually a buying a new car. Firstly when you buy a car you would be stuck with the same care unless you dispose it off. Also when you sell as every as year goes by the car value keeps coming down because of appreciation. On the other hand in case of car leasing you will have the opportunity to use a brand new latest style of car by paying a nominal monthly payment. As far as car leasing goes you only have to pay for the portion of the whole car value rather than the car itself. Importantly car leasing does give you the advantage of getting tax benefits. If you take an example of car been take on lease for business requirements there are provisions in the taxation laws to deduct a portion of the whole lease payment.
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