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Old 07-21-2005, 01:18 AM
DasLeben DasLeben is offline
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Default Re: Leasing or buying a car

Buying makes better financial sense in the long run, and you don't have to deal with keeping below a certain yearly mileage like you do on a lease.

However, leasing does have perks. Because of the lower monthly payment compared to financing, you can get into a car that you might not have been able to get into if you'd financed. If you can deal with the yearly mileage limit, this might be an option.

But if you're intending on financing the car after your lease runs out, you'd be MUCH better off served by financing from the very beginning. Leasing and then financing is a very effective way of wasting money.
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