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RE: My car isn't mine! The leasing experience.

in Hive Learners20 days ago

Leasing sounds like a great idea. However, do you bear the financial burden of things like accidents and the like? Like if a major fault develops, can you simply return it and get something else? Or will you pay it off? After all, it's not really your car.

I wish this was something we practiced in Nigeria😪

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So you take care of the car while you have it. Here in canada is mandatory for everyone to have a car insurance so probably your insurance will pay for the damage… the problem is that usually after a fault accident your insurance rate goes up lol it isnt fun…

We're also mandated to have car insurance. It's still a good idea though. Would really love to try it out.😇