Timeline for Should I buy or lease a car given that its not a super luxury car and I only drive 15 miles/d on avg?
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Jun 15, 2016 at 2:52 | comment | added | Alexander | It doesn't matter whether you drive a lot or not. If you need a new car every two or three years, leasing is always the safe choice, because you know beforehand how much you pay every month, and you don't have to care about the used car market. If you drive your car until repair isn't worthwhile anymore, it's always the economic choice to buy a leasing return. Only if you want (not need!) a new car every two or three years, the economic choice may be to buy a new car, put it up for sale after two years, and when it is bought at the price you want, you can get a new one. | |
Jun 14, 2016 at 19:47 | history | answered | Arielle Lewis | CC BY-SA 3.0 |