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What Is Lease-to-Own Financing?
A lease-to-own option for customers is not credit or a loan. Instead, a lease-to-own finance company purchases the merchandise from the merchant, and then leases the merchandise to the customer. The customer takes the merchandise (the vehicle) home and makes lease payments over time until they have made enough payments to obtain ownership.
https://www.ratchetandwrench.com/articles/12715-how-lease-to-own-financing-can-boost-your-bottom-line
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