What is Lease-to-Own for Vehicles?
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Lease-to-own allows you to obtain vehicle usage rights through leasing. During the lease period, you can choose to return the vehicle or continue leasing. After completing a specified lease term (typically three years), you can acquire full ownership of the vehicle at a significantly discounted price. Here are the advantages of lease-to-own: 1. The process is very simple, generally requiring only a driver's license, ID card, and bank card. 2. For those considering ride-hailing platforms like Didi, this approach allows trial with minimal capital investment. If ride-hailing proves unprofitable, you can exit anytime without facing monthly loan repayment pressures associated with vehicle purchases.