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.

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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!

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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.

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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.

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Carl Evans
0
Carl Evans

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

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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
Do you enjoy reading memoirs?
Dear Abby Asked by Dear Abby
1 year left

Do you enjoy reading memoirs?

Yes

0

No

0

Yes

0 Comment
No one has commented yet

No

0 Comment
No one has commented yet
Do you have jewelry bearing your birthstone?
Dear Abby Asked by Dear Abby
12 months left

Do you have jewelry bearing your birthstone?

Yes

0

No

7

Yes

0 Comment
No one has commented yet

No

5 Comments
Elizabeth Cornish
0
Elizabeth Cornish

I wish I did but a good quality emerald is so expensive. Yes, there are "created" emeralds, but unlike diamonds which look great, the created emeralds do not.

Reply
Elizabeth Cornish
Elizabeth Cornish

To continue my story (this is 3/3), I was very envious when one of my best friends got faux emeralds for her birthday and wore them first. However, I was happy to wear mine anyway. My friends bulled me because I was a "copycat" even tho they all knew I had received mine first. #meangirls!

Elizabeth Cornish
Elizabeth Cornish

My parents got me faux emeralds as my first pair of pierced earings and I looked at them in the box until my mom could find the "self-piercing" rings that slowly worked into your ear over a couple of weeks. When I proudly wore my birthstone earings to school my best friends bullied.

Elizabeth Cornish
0
Elizabeth Cornish

I wish I did but a good quality emerald is so expensive. Yes, there are "created" emeralds, but unlike diamonds which look great, the created emeralds do not.

Reply
Lisa Gray
0
Lisa Gray

My birthstone is Amethyst. I like it. I like the color. But one, I prefer Emeralds. And two, I don't wear jewelry anymore.

Reply
Lisa Gray
0
Lisa Gray

My birthstone is Amethyst. I like it. I like the color. But one, I prefer Emeralds. And two, I don't wear jewelry anymore.

Reply
rover6rover
0
rover6rover

No, I have no rubies, and I wept mock tears for my husband's benefit answering this.

Reply

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