Lease or Buy?
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AmigoShare
Lease or Buy?
Thinking about getting a new car? Undecided on whether to lease or buy? Click here to find out all you need to know about leasing your next vehicle..Lease or Buy? Search Consumer Guide Auto and the web Home New Cars Used Cars Buying Guides Resources Articles Advice Classifieds Free Car Quote Finance Insurance Trade-In Calculator Future Cars Long Term Road Test Featured Car Articles Parking Lot Notes Auto Shows Print Share Home Articles Featured Car Articles Lease or Buy? by the Auto Editors of Consumer Guide Inside This Article 1. Lease or Buy? 2. What You Should Know: Leasing Terms and Benefits 3. What You Should Know: Leasing Drawbacks 4. Read the Fine Print 5. Where To Look 6. Definitions of Lease Terms 7. See all Featured Car Articles articles Want a new car? Weigh your options when deciding between a lease and an outright purchase. In the late 1990s, more than one-third of American drivers were leasing their vehicles, a trend that faded in the early 2000s when automak ers began offering zero-percent and low-rate financing. Today, approximately 20 percent of all motorists choose to lease. For most consumers, leasing a new vehicle every two or three years is a more expensive option than buying a car and keeping it after the final payment. But many drivers, particularly owners of luxury cars, are quite content to lease, even if it doesn't necessarily save money. Click here to see Consumer Guide's Vehicle Class Buying Guides. Leasing has two principal benefits: You drive a newer vehicle that is always under warranty and seldom needs more than routine maintenance, such as oil changes. For about the same money, you can often get a larger, more luxurious, better-equipped car by leasing than you could through a straight purchase. Having a better understanding of this alternative to buying should make it easier to decide whether leasing makes sense for you. What You Should Know: Leasing Terms and Benefits Inside This Article 1. Lease or Bu y? 2. What You Should Know: Leasing Terms and Benefits 3. Wh! at You S hould Know: ...
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