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January 23, 2014 AT 4:46 AM
Sometimes, it's nice to have a shiny new car sitting in your garage, knowing that you own it. At others, it's preferable to pay a modest amount for it each month knowing that, in two or three years, it will be taken away and is no longer your problem. The latter is what we know as leasing, and it's one part of a 'creative financing' route that Tesla CEO Elon Musk believes people will increasingly turn to in future--as the most consumer-friendly option currently available.