The terms car leasing and car rental are often interchanged. While they have similarities, the two are entirely different from each other. Both mean you will be paying for the use of a car that you do not own. That is where their similarities stop.
To understand these options better, here are the areas where they differ.
Period of use
Car rental is for short term use, like if you need to get one for a few days to a couple of weeks. It’s ideal if you are travelling to a specific destination for a short period and you need a vehicle to drive around. Renting…