<prompt> Human: I need a new or used vehicle and I am looking into leasing and financing options. I have never bought a vehicle this way, I have only ever had old used vehicles through craigslist.What are the differences between these two? What are things I should know before considering choosing one of these options?  <response>: Financing means you get a loan to pay for some or all of the price of the car. You pay a monthly payment, and after youve paid off the balance of the loan including interest, you own the car outright.Leasing is renting. You have a monthly payment of X for Y months and after Y months you give the car back. There are usually mileage limits on leases and if you exceed a certain number of miles over the course of the lease you will have to pay for the additional miles. 