When you lease a car, you will have to put down an initial payment. This is also referred to an initial rental, or a deposit. It can also be called a down payment, it varies depending on who you talk to. Many think they are interchangeable, and in the context of leasing they do essentially mean the same thing, but there are key differences that you should know about. In this article, we are going to look at the difference between the two, and whether a lease deposit is refundable...
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