Leasing a car is an alternative to buying a car. People take short term or long term lease of cars due to various reasons like sudden requirements of frequent movement, short-term trips, and transfer to a new city for a certain period. Leasing a car solves your transportation problem for the time being but for many people, it’s not a good solution, they look for a car loan to buy a new or used car. Owning a car provides them complete freedom and peace of mind. If you are in any confusion about which one is better between car loan vs car lease then, think twice and explore the options available to you.