: Most leases cap annual driving (often 10,000–15,000 miles); exceeding this can lead to heavy fines.

: Payments are typically lower because you only pay for the vehicle's depreciation during the lease term, not its full value.

Leasing vs Buying a Car in India: Comparison Guide - Tata Capital

: You do not build equity and must return the car or pay a "buyout" fee at the end.

The choice between buying and leasing a car depends on your lifestyle, mileage, and financial priorities. In 2026, market factors like high vehicle prices and rapid technological shifts—especially in Electric Vehicles (EVs)—are making this decision more complex.

: Ideal if you prefer upgrading to a new model every few years to access the latest features and safety tech.