To Buy or Not to Buy. Lease is the Question.
When it comes time to replace a car, people question whether to buy or lease the next vehicle. Determining what’s best really depends on priorities and lifestyle. Only completely honest answers to hard questions about budget, wants and needs can determine the right choice. Generally speaking, for most of us buying a new vehicle and keeping it for a number of years will cost less than leasing a new one every 3 years or so. So, why would anyone consider leasing? Here are a few reasons why leasing might make sense for you: Affordability When budget dictates payment this is the lowest new car option in the short term. Not making the large down payment of a car loan but still having a lower payment makes this a more affordable choice. Leasing allows many the ability to drive a more expensive vehicle at a comparable level to the loan payment of a cheaper model. No expensive repair bills Leasing a car covered over the entire..