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Exact price will be determined by the companies you go through, but the simplest answer is that renting a car is cheaper. Rental companies charge a set rate and you can return the car whenever you want. Leasing companies finance a loan for you and charge the price of the car, interest and depreciation.
The house may not sell, or it may sell for much less than it is worth, depending on the economic conditions and the home's marketability. If you know you'll be in an area for less than five years, leasing is more cost-effective than buying. And leasing a home allows you to come and go as needed.
Leasing vs. The main difference between a lease and rent agreement is the period of time they cover. A rental agreement tends to cover a short termusually 30 dayswhile a lease contract is applied to long periodsusually 12 months, although 6 and 18-month contracts are also common.
If stability is your main priority, a lease may be the right option. Many landlords prefer leases to rental agreements because they are structured for stable, long-term occupancy. Placing a tenant in a property for at least a year may offer a more predictable rental income stream and cut down on turnover costs.