Dec 3, 2023 · 102 votes, 145 comments. Basically what I asked in the title. Looking to see cons of leasing vs buying a car (getting a loan). Credit score is 815.

Mar 18, 2024 · As a general rule of thumb, many people recommend buying a car versus leasing when given an option between the two. Over the long term, it’s said, you pay more for leasing …

Leasing makes sense for some cars, especially on the higher end but it is never frugal to use those cars in the first place. So for some looking to be frugal, buying a used but fairly recent …

Are there any downsides to leasing a car if I plan on purchasing it once the lease ends? I'm planning on purchasing either a RAV4 hybrid or CRV hybrid for my wife, so not super …

Mar 17, 2024 · Leasing is the most expensive way to drive in a vehicle. Depreciation is the largest cost of vehicle ownership and when you are leasing you are perpetually paying for the most …

Mar 8, 2023 · Of course, a used car will be less expensive than a new car, but somehow that seems to get conflated with financing is less expensive than leasing. If we are talking about …

Aug 11, 2023 · The most powerful argument against leasing is that it is the most expensive way to own a car, and buy a wide margin. The issue being depreciation. Depreciation is the single …

Leased car you pay a monthly payment that more or less is paying the cost of said depreciation. At the end of the lease vs buying a new car you lost very roughly the same amount of money. …

Oct 14, 2023 · If you typically buy a new car with a car loan, then leasing is functionally the same thing but with many of the costs paid pre-tax, plus the GST is refunded. A new car experiences …

Nov 27, 2022 · Pro for leasing would be if you want a new car every 3-5ish years. Depending on where you lease the car, maintenance would be covered with a lease. If you purchase a car, …