The Dangers of Leasing A Car In Today’s Market

Should you buy or lease a car?For most people, leasing a car is a bad deal. Once again, I say most people, because there are certain circumstances when it could make sense, but that doesn’t usually apply to individual car buyers. Here are the main dangers of leasing a car in today’s market.

Dangers of Leasing a Car

Leasing Is More Expensive Than Buying

Leasing is more expensive than buying, plain and simple. Your monthly payment may be  a lot lower than your car payments if you purchased, but your total payment will be higher.

If you plan to buy a car, you should be planning on holding onto it for as long as possible. You should aim for it to either die or be too costly to repair any further. Or, you should aim for replacing the vehicle when it simply no longer meets your needs (maybe you have a growing family).

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