Leasing is popular because it offers the borrower a low payment. However, extended-term financing also offers a low payment, sometimes even lower, with the added advantage of a purchase versus a “rental”. When you lease a car the leasing company owns the car, where as, when you finance your dream vehicle with J.J. BEST BANC & CO. you own the car. In most cases, there is a large residual that you will have to pay at the end of the lease for you to own the car outright. Additionally, financing is usually a tax deductible option, but you should always check with your tax advisor to be sure.