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Buy vs Lease

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Apr 19, 2005, 10:59 PM

Post #1 of 2 (5077 views)
Buy vs Lease Sign In

Is their any advantage to leasing a car over buying it out right? It seems that leasing is what dealers are pushing so I know they are making some money on leases, but as a consumer what would be best for a normal person?


Nov 30, 2006, 7:54 AM

Post #2 of 2 (3955 views)
Re: Buy vs Lease Sign In

Hey Carmine - if you are still looking for the answer? If you intend to keep the car 3 years and lease another and that's how you want to spend your money - it's probably an OK deal. But it is a really expensive way to get a car under any circumstances. If you are going to keep the car 5 years or more, you should just buy it. And, of course, cash is be best way to get the best price. Also, unless your credit is very good and you can afford to walk away from what looks like the best deal - don't use the dealer's credit offers.

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