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Leasing is simply a longer term rental of a vehicle, just the same as hiring a vehicle for period of time. Leasing is the same type of agreement as you would have when renting a vehicle for a day/week or a month. At the end of the lease period you hand it back and as long as you are within the mileage you set out in your agreement and the condition of the vehicle is within that detailed in the industry standard BVRLA Fair, Wear and Tear guide then there are no additional charges.