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For most of us, buying a new car involves borrowing most or all of the cost of the vehicle by accepting the financing that a dealership offers. Other new car buyers arrange financing through a local bank or credit union. Many people are financially prepared to buy a new car and pay for it outright themselves. Another popular option is to lease a new car. Although these choices have their individual benefits and downsides, depending on your financial situation, one may be just right for you.
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