Car leasing is common enough in Europe and North America, but it is a largely new concept to China.
Yesterday the China Banking Regulatory Commission laid down new regulations on leasing cars to the Chinese populace. Under the rules, auto companies could lease cars to fleets or individual owners for a monthly fee, and give them the chance to buy the cars once the lease is up.
China Car Times can see this becoming a massive service in China!
Congratulations, but be very wary of these loans. They’ve ruined entire economies in recent times.