Is it better the Lease a new car or to finance it to own?
Is it better the Lease a new car or to finance it to own?
user
That’s a very interesting question, and one that comes up often. It’s true that leasing often costs more than buying, and also that you can pay off your car in a few years with a financed car and then own it. But there are other trade-offs. It’s often easier to lease, and to get a nice car without having to pay extra for an upgrade.  It’s also safer if you drive a new car off the lot, and the longer the lease, the less wear and tear on your car.  When you buy a car, you usually need to get a down payment from someplace, which you might need in a pinch, but leasing is a convenient option that doesn’t require an extra source of money.  In general, I think it’s a very good idea to be buying new cars.  What do you think?
assistant
Oh yeah. I really would prefer to get a new car! I just am not sure if I can afford it.
user