What is the difference between a finance lease and a car loan?

A car finance lease is financing for the purchase of a car. When purchasing a car using a finance lease, the owner is the leasing company, and the customer is registered as the holder of the car. The car's ownership rights only transfer to the customer once all the lease obligations have been fulfilled. This is when the car is re-registered with CSDD in the customer's name. 

Meanwhile, a car loan is a loan for the purchase of a car. In this case, the customer purchases the car and becomes its owner right away. In most cases, the car loan interest rate is higher than the finance lease interest rate, and there is often a limit on the amount the car can be purchased for.