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Is leasing or purchasing a vehicle a better financial decision?

Please discuss whether leasing or purchasing a vehicle is a better financial decision. To get the full credit, please give specific examples to justify your points of view. Please note the resale value of a vehicle, planned number of years of ownership, appetite for the latest technology and innovations, and reliability of the vehicles/brands to make your points of view clear. Your discussion should be of appropriate length and detail. Your discussion must be at least 300 words.