Leasing a car with installments at a higher price?

Everyday Islamic Finance Personal and Family Finance
#1

Assalam-o-alaikum.
My question is that is it permissible to buy a car on installments at a higher price where the same car costs lower if i were to make a full cash payment?
JazakAllah Khair.

#2

Wa alaykum salaam,

Yes this is permissible. This is a classical Murabahah transaction.

Allah knows best