Leasing vs Buying/Financing

Leasing Advantages: Simply put, low out of pocket payment, low monthly payments and a new car every 24-39 months (depending on the term of your lease).

When leasing a vehicle, you only pay a fraction of the price of the car that you actually use. (You are actually paying for the difference between the actual price of the car, residual value and interest).

When buying/financing a vehicle, there are several expenses included in buying a vehicle: sales tax, and interest (determined by your credit score).

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