Dear Abby

Dear Abby

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Dear Abby Asked by Dear Abby
12/8/2020

Is it better to purchase or lease a car?

92%
Purchase WINNER

15

8%
Lease

2

92%
Purchase

15 Comments
LauraL
1
LauraL

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!

Reply
hale1730
0
hale1730

Care for it and enjoy many years without a car payment.

Reply
Blaine Derouen
0
Blaine Derouen

I 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.

Reply
Wendy Welch
0
Wendy Welch

I just always have bought, not leased, a car.

Reply
Stephanie Sarnoff
0
Stephanie Sarnoff

We have never leased a car...but it depends upon one's circumstances.

Reply
Ba Doing
0
Ba Doing

We 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!

Reply
Fiorello Centanaro
0
Fiorello Centanaro

It's good for me, but if low mileage is involved, lease may be an option

Reply
L Leone
0
L Leone

You 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!

Reply
D May
0
D May

I buy my cars cash and used.

Reply
Vincent Lynch
0
Vincent Lynch

Leasing just puts another entity into the transaction, and that entity will want to make a profit too.

Reply
Lisa Dammarell
0
Lisa Dammarell

All the smart money experts say to purchase. I have done that, and agree that it's sound advice

Reply
Sue Bigsby
0
Sue Bigsby

Purchase 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.

Reply
rover6rover
0
rover6rover

Buy 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.

Reply
Carl Evans
0
Carl Evans

When you sell the car, you usually have equity to use as a down payment on the next car.

Reply
Linda Jeffcoat Amick
0
Linda Jeffcoat Amick

No hidden fees, no interest, paid for. Simple.

Reply

8%
Lease

2 Comments
Izzie McMurphy
0
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.

Reply
Sabina Weckstein
0
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.

Reply
Will 2025 be better, worse or the same as the past year?
Dear Abby Asked by Dear Abby
1 year left

Will 2025 be better, worse or the same as the past year?

Better or same

0

Worse

0

Better or same

0 Comment
No one has commented yet

Worse

0 Comment
No one has commented yet
Is your favorite Christmas song secular or religious?
Dear Abby Asked by Dear Abby
12 months left

Is your favorite Christmas song secular or religious?

Secular

2

Religious

0

Secular

2 Comments
rover6rover
0
rover6rover

So many great ones: Rudolph, Frosty, White Christmas, and on and on.

Reply
Lisa Gray
0
Lisa Gray

The Christmas Song (Chestnuts Roasting On An Open Fire)

Reply

Religious

0 Comment
No one has commented yet

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