lease

So I haven't had a car in a while now, so I'm really out of the loop. My experience is buying a car, replacing all the audio, and eventually selling. Now most cars are either harder to mod or to the point where the effort isn't worth it, and/or leasing has become very common. I never understood...

With the next generation of consoles Microsoft is offering a hire-purchase deal. Pay a small monthly payment - effectively 0% APR too - for two years. With GPUs costing the same (give or take) as consoles, offering this sort of deal would nullify the price advantage of consoles.

I have a simple question What happens (or usually happens) when a leasehold properly comes to the end of it's lease? E.g. I buy an apartment for 100k that has a 50 year lease. I live in it for 50 years, is that properly (not the overall building) still mine? Can I sell it on / to the...