Having a personal car has become a basic necessity for the kind of busy schedules people have today. While globalization has brought car manufacturing to the economic forefront, making automobiles more affordable, there are still many people who cannot pay for a vehicle all at once. Thus, instead of purchasing a car, they lease one at a lower monthly rate.
It seems like new cars of varied styles and features are introduced into the market every day-cars that are much too expensive for working class people. Leasing, on the other hand, can be a much more viable option for consumers, allowing them to drive a new car without breaking the bank.