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From what I understand buying a car is better. When you lease, you are given a certain amount of kms to use (usually around 20 000km per year) and if you go over that amount then it can cost you BIG bucks. Also, if any damage is larger than a credit card, you usually have to pay for it. Sometimes after leasing people buy the car because it costs too much to fix the car and pay for their extra kms. (written by a 12 year old:)
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∙ 14y ago
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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.
Where can one find more information about leasing versus buying a car?
You can find out about leasing versus buying a car on How Stuff Works. Other places with info about leasing versus buying cars is dmunds, and NN's site as well.
Whats the difference between buying a car with a loan and leasing a car?
When you have paid off the loan the car becomes yours. When leasing a car it never becomes yours.
What are the advantages of personal car leasing compared to buying a car?
Buying a car has many advantages as well as disadvantages. Opposed to buying a car you have to pay a lot of money compared to leasing. In the end, it all depends on the balance of your bank account and how much do you think you should spend.
Could you please tell some resources for car leasing in Scotland?
IMO, Avatar Vehicles is the best option. They offer Car Leasing, buying in Scotland.
What is best leasing a car or buying a car?
it depends on how much you are going to use the car because if you just go to work and back leasing but if you are going to use it everyday then i would buy a car but it really depends on what your budget is =]
Is it more advantageous to get a car leasing?
There are many arguments for and against leasing over buying and visa versa and as such it is ultimately subjective. That said the benefits of leasing over buying outright is the option to change the car more frequently andnot having to pay out one large lumps sum. If at the end of the contract some companies then would offer to sell the car for a reduced cost as the depreciation of the car would be taken off the initial cost of the car when it was first entered into leasing.
What are the advantages of a shorter term for auto leasing?
With auto leasing the monthly payments are usually lower than they would be if you were buying the car. You can upgrade sooner, or more often with a car lease. However, you will usuually pay more interest with a lease and you will not own the car, therefore you do not generate any equity. To calculate the costs of leasing versus buying online, visit:http://www.leaseguide.com/leasevsbuy.htm
Should I consider buying a certified used car or lease a car?
Buying or leasing is a personal preference. There are advantages and disadvantages to both ways. In leasing, you use the car for a specified number of years, making payments on it just as you would if buying, except that at the end of the lease, you return the car to the dealership and basically walk away owing nothing more. When purchasing/buying, one assumes all the costs of maintenance as well as depreciation values.
Where can you lease a car?
Check online for a local car leasing company.Check online for a local car leasing company.Check online for a local car leasing company.Check online for a local car leasing company.
Which term describes an alternative to car buying where monthly payments are paid for a specific period of time after which the vehicle is returned to the dealership or bought?
Car leasing
What is the difference between leasing and buying a car?
Leasing is basically renting. Payments are usually cheaper, but you don't actually own the car. Many times with leasing, you are also REQUIRED to have maintenance done regularly and only done at dealer-approved businesses. If any damage is done to the car, you will be required to pay for repairs. When you buy a car, you make payments until the car loan is paid off, and then you own the car outright.
