Car loans are easy to understand. If you don't have enough money to buy it, you pay the down payment and I'll help you pay the final payment. The car is your car (pay attention here! The car is yours! ), and then you mortgage the car to me, and you pay me the rest in installments. You just need to pay on time. The money has been paid off and the mortgage has been cancelled.
Financing lease means that you don't have enough money to buy it, so I will buy it in full and rent it to you. The car is mine during the lease period (note here that the car is mine! ), and then set a lot of harsh lease terms, which probably means that you can't make my car too old, otherwise in case you can't pay the rent, it will affect my price of selling my car as a second hand! If you break the contract halfway and can't pay the rent, you must pay the rest of the rent immediately, and the car won't be yours. At the end of the lease, if the car is yours at the end of the lease, I will transfer the car to you. If there is no agreement or the agreement is unclear, it shall be renewed according to the contract law. If the two sides can't get to know each other, hey hey, sorry, the car will be mine. You have no hair.
Financial leasing, if placed on the relationship between relatives and friends, is a contract that wants to help you but is afraid that you will default and protect the rights and interests of creditors. But if you put it into business. . Personally, I think this is a contract that eats people and doesn't spit bones.