Is it better to purchase or lease a car?
92%
Purchase
WINNER
92%
15
8%
Lease
8%
2
92%
Purchase
92%
8%
Lease
8%
Izzie McMurphy
I'm on disability. I could NEVER afford a full car payment. I find awesome deals every 3 yrs so I always have a good car to get me to Dr appointments that are hour plus ride. It works for me.
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Sabina Weckstein
In the past I would have said buying. But now I only work about 1 mile from my house, so it would be much better for me to lease. I know that the payment would be less as well.
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You never own anything with leasing. I see others saying they couldn't afford a car payment, but with great credit, my husband and I just bought a 2018 Jeep for only 206 a month!
ReplyCare for it and enjoy many years without a car payment.
ReplyI prefer purchasing a vehicle. Mine is 11 years old. If you trade in every 2 or 3 years, then leasing is the way to go, as long as you keep the mileage low and keep it clean.
ReplyI just always have bought, not leased, a car.
ReplyWe have never leased a car...but it depends upon one's circumstances.
ReplyWe leased because Hubs had to have THIS car. Owed $7000 when we returned it. Made Hubs buy next car. Took 7 yrs to pay it off (lost my job had to refi it to lower pymt) 300000 miles & still going!
ReplyIt's good for me, but if low mileage is involved, lease may be an option
ReplyYou NEVER own anything when you simply lease! It's a total waste of money. Especially if you put on a load of miles you'd have to pay for at the end of the lease!
ReplyI buy my cars cash and used.
ReplyLeasing just puts another entity into the transaction, and that entity will want to make a profit too.
ReplyAll the smart money experts say to purchase. I have done that, and agree that it's sound advice
ReplyPurchase and drive vehicle for at least 10 years. And better yet by pre-owned late model with low miles. You will save an enormous amount of money during your driving lifetime.
ReplyBuy and hold is the way to get value for your money. Turning over short term leases just gives your hard earned money away to dealerships.
ReplyWhen you sell the car, you usually have equity to use as a down payment on the next car.
ReplyNo hidden fees, no interest, paid for. Simple.
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