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You'll end up with a car (of diminished value) you can either sell or keep. In leasing you get no equity; the month-to-month payment is more like paying lease. You don't own the car at the end of the lease though you may have the choice to buy if that is consisted of in your lease contract.
If you use the car for business, whether you lease or buy, you can deduct some or all of the expense of the cars and truck subject to current IRS rules. Due to the fact that they aren't thought about "debt", leasing agreements usually aren't noted on a loan application; leaving your credit complimentary for other loans.
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