What are the advantages of leasing a Toyota Corolla?

I have been considering buying a new Toyota Corolla, but I am not sure if leasing would be a better option. Can someone explain the benefits of leasing compared to buying?

Leasing offers a lower monthly payment and requires less money upfront compared to buying. This can make it a more affordable option for those on a budget.

With leasing, you can drive a new Toyota Corolla every few years without worrying about selling or trading in your car. This allows you to always have a newer vehicle with the latest features.

Leasing often includes warranty coverage, so you don't have to worry about unexpected repair costs. This can provide peace of mind and save you money in the long run.