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I am trying to decide if I should buy or lease a car. I really don't want to keep car for long time. Plus It's cheaper to lease I think, so not sure what to do. What do you think I should do..??

2006-07-24 04:19:12 · 11 answers · asked by Justlookin 3 in Cars & Transportation Buying & Selling

11 answers

leasing is not cheaper if you are only going to keep it a short time. There are early termination fees and restocking fees etc. Do you rent your TV or your Cell Phone? You are getting no where when you rent a car. The only time I rent a car is on vacation when I fly.

2006-07-24 04:25:41 · answer #1 · answered by golferwhoworks 7 · 0 0

Leasing is totally suicidal. You are paying a large sum of money every month and NOT own the product. Any damage you do to your leasing vehicle you will have to fix it before sending it back. Do not even consider, totally a scam. If you cannot afford the car, choose a cheaper one to buy, not lease one that you cannot afford to buy. Remember, if you own it, you can sell it.

2006-07-24 15:04:20 · answer #2 · answered by nikita58467 1 · 0 0

I would lease. Depends of the car your after of course. If you fancy a little sporty number you can get great deals. I used to work for a leasing company & know lots of good car brokers that you would have to go through. Check the internet & the brokers will have lists of what they have available etc. Really smart idea!

2006-07-24 04:23:14 · answer #3 · answered by vegasistrapped 1 · 0 0

Leasing grants flexibility in terms of the techniques attainable. in case you desire to alter your automobile each few years or if your existence form calls for a sparkling automobile each few years, then leasing is an alluring selection. So hire is extra advantageous whilst in comparison with a private loan.

2016-10-08 06:35:33 · answer #4 · answered by ? 4 · 0 0

If you go over the set number of miles on the lease, you end up paying THOUSANDS extra. I think buying is a better option, and you don't even have to buy new, you could buy a slightly used one for a decent price.

2006-07-24 04:23:42 · answer #5 · answered by Lauren 4 · 0 0

Depending on how many miles a year you drive, a lease may be a great option. I know that Mercury has NO cost cap reduction, NO security deposit and NO first month payment and the payments are really low now. Good luck.

2006-07-24 04:23:36 · answer #6 · answered by E Y 3 · 0 0

Depending on where you live, what kind of car, and how much you will use the car, lease it...with gas price so high, its not a great idea to own a car, among other expenses...

2006-07-24 04:23:26 · answer #7 · answered by selidus 2 · 0 0

If the mileage won't be excessive, go lease. Can always be driving a newer car, and usually get rid of before major repairs.

2006-07-24 04:23:32 · answer #8 · answered by jooker 4 · 0 0

If you don't plan on keeping it and will continue to have payments either way, then lease. It's cheaper.

2006-07-24 04:22:33 · answer #9 · answered by BigRichGuy 6 · 0 0

Leasing is an all around bad idea financially.

2006-07-24 04:23:29 · answer #10 · answered by AC 3 · 0 0

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