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Hi. My name is Daniel I'm a car sales man in the Auto Mall, i really think its better to lease if you like to change cars every 2-3 years and get into new ones.
BUT i would also have to say buy, if your looking to own the vehicle for a long time...
beware---- if your credit doesn't allow you to lease.
a loan will not be such a bad decision, however you could always trade out in 2 years for a new car....
IMO, it is better to buy a 1 or 2 year old used car with low mileage. Get a certified used car if possible. Some Certified used cars have a better warranty than a new car. Let someone else eat the depreciation, not you. I would never, ever, lease a vehicle.
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∙ 13y ago
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Is it better to lease or purchase a car?
Buy the car
Is it a better deal to lease or buy a car?
Usually buying a car outright is a better deal if you can pay upfront without a loan. If you do need a loan, then depending on the deal you get for the loan vs. the lease it can be a better deal to lease, but not usually.
Buy or Lease?
Buy or Lease? Should you lease or buy your car? Use this calculator to find out! We calculate your monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you.
Should you buy or lease a hybrid vehicle?
Never ever lease. Leasing is a horrible deal. Buy a one year old Certified Used car. You save money and get a better warranty than a new vehicle.Never ever lease. Leasing is a horrible deal. Buy a one year old Certified Used car. You save money and get a better warranty than a new vehicle.
Can you buy a car and turn around and lease it?
you can for a private seller but if you buy multiple car's and lease them it would be illegal unless you have a dealer license.
Is it cheaper to lease a car rather than buy a car?
No. Leasing is for suckers. A lease is no more than renting a vehicle with nothing to show for it at the end. Stay away from a lease. Buy what you can afford, and forget the lease.
Is it more cost effective to lease or buy a new car?
It is more effective to buy. If you lease, then you will be paying for the car for a number of years, but will be obligated to either buy the car or get a new one, but all money paid into the lease will be lost. When buying, you have documented ownership.
Is it best to lease or buy a car?
That depends entirely on your situation.
What is meant by a balloon payment on a lease car?
A balloon payment refers to the last payement you make on a car that you got as a long term lease. At the end of the lease you can either make a balloon payment and buy the car, or you return the car.
When taking into consideration the prices to lease a car is it better to buy?
The choice of either leasing or buying a car depends on the original price of the car; depending on the price, either leasing or buying can be the better option. However, buying a car is usually cheaper than leasing it.
Can you lease a car with already having a current car loan?
That would depend on the credit worthness of the person wanting to lease. It is a separate transaction just as if you wanted to buy a second car.
Can you purchase someones car when there lease is over?
No a lease is just a long term rental, it is owned by co he got it from but you can buy from them sometimes
