Leasing Vs Buying A Car

I'm fixing to buy or lease my first car on credit? I just wanted to know what people think leasing c. Buying?

Leasing is only good for people who
A. can afford to take a new car every two years
t B. Do shuttle far away, or drive a large
C. Who plan to get a different car after the lease and not keep it rented.

Renting a car may cost you more in the long run than buying from the outset. Certainly not to rent then buy the same car. If you want to rent then buy, go for a different car. Also, with a lease, you must be sure not to exceed your mileage because it will cost you more too. You really have to limit yourself a lot more with a lease.

I rented my first new car, and it was a mistake. I had the car for 2 years and then after that, you spend all this money and have nothing to show for it.

My advice, if you go to finance anyway, you might as well buy. This way, if you end up wanting a new car anyway, you can sell it or exchange it, and as you do on a forced time limit be waived because it belongs to you, not the dealership. You still have the option to replace your car every two years if you want, but you would be restricted as you lease.

Leasing was originally designed for U.S. companies. It is now transformed into a method for dealers to get the metal by paying for a continuous life of every budget.

It need not be this way. I buy used cars certified CPO pay a little more, but getting financing conditions as low as 1.9% in April lot and payment of the loan in four years. It's perfect for someone who keeps the cars over 7-8 years as I do. Buy used cars, especially the rent due, is an excellent way to avoid losing the first three years of depreciation.

If you like a new car every three years and can afford and strong desire to always pay rent, go under 12k to 15k per year, and get GAP insurance, leasing may be the way forward.

In both cases, it is important to negotiate the sale price of the car, even on a lease and get dealer discounts. The first link provides a calculator to figure the cost of rental. The second gives information on cars including the price.

If you drive over the miles allowed per year in the lease, it can cost you big time - I do not know how many cents per mile they charge more - say it is .20/mile and the lease allows 10,000 miles per year - 2 year lease. If you drive 25.000 miles in two years you will owe 5,000 x 20 = $ 1000 just to give them the car more if the car is depreciating faster than they say in front and they usually do, you may need money for that. Better buy a used car with 50,000 miles on it and then either buy a new car if you can afford the payments and keep a moment longgg

I advise against both methods.

Save your money until you can pay in cash.

I have friends who never left the vicious cycle of buying a new car on credit than you have to sell this car a couple years down the road and should learn more about the car then it is worth.

You have to pay someone to sell the car for.

Have you set up to be the slave of the machine's credit.

Save yourself the anguish and uncertainty and buying a used car right outside http://www.AutoTrader.com

Look for something 5 years or newer, pay cash and tell the man of finance "to take a long walk from the halter"

Terry S.

It is all based on how many miles you do a year and if you plan to keep the car on the long term.