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Before I came to Canada, I didn’t know you could lease a car.
It’s a great option for those who want to drive new cars with lower monthly payments.

For example:
A Toyota RAV4 costs \$36,000.
You could lease it for 6 years at \$110 per week, that’s even cheaper than car insurance!
After 6 years, you can either buy it for \$16,000 or return it and lease a new car.

Why had I never heard of this in China?
I think the reason is that Chinese love new things, few people like used cars, so their resale prices are much lower than Canada.
The low lease-end value makes the lease payments much higher, making leasing an unattractive option.

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