<human>:  What are the advantages and disadvantages of leasing a car?
<bot>: Advantage: Leasing a car can often cost less per month than purchasing a car, as you’re only paying for the portion of the car’s value that you use during the lease period. It also allows you to drive a new model every few years, so you don’t have to worry about regular maintenance, repairs, and running costs associated with an older vehicle. 2 Disadvantage: On the other hand, at the end of your lease, you don’t have ownership of the car as you would if you had purchased it. You also typically have to pay some fees associated with leasing a car, such as a disposition fee at the end of the contract and potentially early termination costs if you choose to end your lease early.