Leasing vs. Buying A Car - Is There A Right Answer?

The inflated cost of new automobiles should prompt motorists to consider whether it is wiser to lease or buy a car.

The great news is that used car prices have begun to trend downward. However, you may be on the fence about whether to finance a new or used car or lease a vehicle.

LET'S LOOK AT THE PROS & CONS OF LEASING VS. BUYING A CAR

[{"selector":"#anim-a317fbad-4763-448f-b815-d7bcca358b3d","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

1. Lower Monthly Payments Than Financing 2. Always Drive a New Car

1. You Own It 2. Rid Yourself of Car Payments 3. Sell at Any Time 4. Unrestricted Miles 5. Free to Customize

Whether to lease or buy a car is a critical decision and is not a decision to take lightly.

SWIPE UP to read the cons of buying vs. leasing to decide the best option for you!

TOP STORIES

[{"selector":"#anim-0b89a404-61f3-4e2d-935b-f79450a2e32c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7efb7d03-4b80-4c41-aa8b-6a117e882e2f","keyframes":{"transform":["translate3d(259.40593%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8bedb6ed-96cb-40a4-a109-8783d8b9f981","keyframes":{"opacity":[0,1]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca6c015f-3705-46e3-b7c3-3f59ddb66988","keyframes":{"transform":["translate3d(42.07921%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a5d3035-d465-4d96-bdbf-de53edcb609b","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6467dd6b-f2e5-4c4f-85d3-3b79b9a41be3","keyframes":{"transform":["translate3d(151.50000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6275d8fa-4732-4682-b836-0d5549742a78","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-44cf73ee-4bf2-4764-930c-28e92a12d52c","keyframes":{"transform":["translate3d(-44.55445%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22e6f1f2-2546-47b6-9926-3856ee7dd2d5","keyframes":{"opacity":[0,1]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0fae08f1-65b9-4b02-aaf9-531ed4157261","keyframes":{"transform":["translate3d(-260.89109%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-121efaec-c198-4cd6-b1b1-7dcd98d3a864","keyframes":{"opacity":[0,1]},"delay":400,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bba78ab1-bbe1-4c1c-b507-79dc198a000f","keyframes":{"transform":["translate3d(-154.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

MORE STORIES

[{"selector":"#anim-d15096e6-fca2-442b-a99d-a9f21fe5763f","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a088237-4abf-4816-a763-141971223bed","keyframes":{"transform":["translate3d(259.40593%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c574b4f9-3d03-4b8e-bfbe-5229b0266088","keyframes":{"opacity":[0,1]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1e1e96b4-2fa0-43b3-8675-55b40411c2a2","keyframes":{"transform":["translate3d(42.07921%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3f861ce4-6e84-49d2-983e-a4d023b4f07f","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-96ac86d9-fb23-4d44-bad3-9959c91e3162","keyframes":{"transform":["translate3d(151.50000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e146a676-af3c-4bd6-95f7-7e1db96bbf59","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ee0d33c-2523-4985-adfa-4a5613a2e2f5","keyframes":{"transform":["translate3d(-44.55445%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-667e95d7-3464-4dd3-a328-10afa41f4943","keyframes":{"opacity":[0,1]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5563c5d6-3765-4bd2-a2d9-0b383adce13b","keyframes":{"transform":["translate3d(-260.89109%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f32bada-53cb-44f7-9ce4-ef393f8cf5d5","keyframes":{"opacity":[0,1]},"delay":400,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5b70fef-910b-4deb-9478-c7d1196b0559","keyframes":{"transform":["translate3d(-154.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Leasing vs. Buying A Car - Is There A Right Answer?

The inflated cost of new automobiles should prompt motorists to consider whether it is wiser to lease or buy a car.

The great news is that used car prices have begun to trend downward. However, you may be on the fence about whether to finance a new or used car or lease a vehicle.

LET'S LOOK AT THE PROS & CONS OF LEASING VS. BUYING A CAR

1. Lower Monthly Payments Than Financing 2. Always Drive a New Car

Leasing A Car - PROS

1. You Own It 2. Rid Yourself of Car Payments 3. Sell at Any Time 4. Unrestricted Miles 5. Free to Customize

Buying A Car - PROS

Whether to lease or buy a car is a critical decision and is not a decision to take lightly.

SWIPE UP to read the cons of buying vs. leasing to decide the best option for you!

TOP STORIES

The Best Gold IRA Companies of 2022 (Ranked & Reviewed)

6 Best AI Trading Software of 2022

MORE STORIES

55 Ways To Make Money Online Without Paying Anything (2022)

Average Net Worth by Age for Americans - 20s Will Surprise You!