Answer
Two disadvantages of leasing a car are mentioned below-
1) The lease doesn’t cover maintenance charges and you have to maintain it in the perfect condition. In addition to this, you are liable for any damage to the car.
2) You have to return the car once the lease ends as you are not the owner of the car.
Work Step by Step
Leasing is a practice of paying the money to the owner of the product in order to use the product for the specified time. In the nutshell, it is the long-term rental agreement.
The major disadvantage of leasing a car is you have to pay the maintenance charges. Most of the time there is in contract to maintain the car in perfect condition,anyway you are liable for damage to the car.
Another disadvantage of leasing a car is you have to return the car once the lease ends as you are not the owner of the car.
