Lease or Buy: Which is right for you?
When you buy, you pay for the entire cost of a vehicle regardless of how many miles you drive it. When you lease, you pay for only a portion of the vehicle’s cost, which is the part that you “use up” during the time you’re driving it.
Each has its own advantages & disadvantages:
Here’s our best 10 second advice for Leasing vs Buying:
Do you tend to trade in your cars every few years?
Do you own your own business?
Would you rather invest your money?
if you are not willing to own a depreciating asset?