Leases are normally written for 15,000 miles per year.
If you lease for more than that, the monthly lease jumps dramatically.
If you lease for 15,000, and run significantly above that, expect a big hit.
In business, a lease and all expenses on the vehicle will be deductible.
If for personal use, I suggest buying. You're talking about
24,000 + miles per year. You can expect 100,000 miles on most cars, with proper maintenance. If you expect to put more, an extended warranty may be worth consideration.
(About $1,200.00 -1,600.00)
Your options!
2006-07-31 10:11:27
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answer #1
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answered by ed 7
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You need to buy because with most leases there is a mileage limit and if you go over that limit unless you buy the car at the end of the lease you owe for mileage. Also you owe for wear and tear to the car.
2006-07-31 10:05:02
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answer #2
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answered by T S 3
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It is usually better to buy. Most leases require the driver to only drive 12-15,000 miles per year. After that, you'll start paying out the wazoo for over mileage on the vehicle.
2006-07-31 10:05:28
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answer #3
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answered by Brandon M 1
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buy is a lot cheaper in the long run unless you can afford to change cars when your mileage allotment runs out
2006-07-31 10:04:13
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answer #4
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answered by jercha 4
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lease or you will drive your car into the ground and it will be crap before you own it
2006-07-31 10:03:12
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answer #5
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answered by Anonymous
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You buy the car .
2006-07-31 10:09:56
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answer #6
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answered by Bratso 4
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Buy or you'll go over your mileage allotment
2006-07-31 10:03:55
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answer #7
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answered by Jet 6
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