Leasing vs. buying a car? What are the real facts?

Author	Message
Written on: 10.11.2009 [16:39]
Jasmin Jasmin Topic creator Posts: 6	I am looking in to leasing a car and have come across many different stories about the good and bad side of leasing. But what I want to know is simply, leasing vs. buying a car – what is better? What are the main advantages and disadvantages to both?
Written on: 16.11.2009 [10:45]
Cameron Cameron Posts: 4	Owning your own car instead of paying for something that will never be yours should be a pretty big advantage for buying But to be fair this could also be a disadvantage as when you buy a car everything is on you if something goes wrong, whereas leasing is covered with a warranty. Also buying you would lose on depreciation, but if you plan to keep the car for a while it would work out better for you than leasing. It is easy to list the advantages and disadvantages of both but it depends on what you want from a car, whether you use it frequently and whether or not you have the money to afford the deposit to buy a car on a finance plan.
Also very interesting: Short term car leases vs. buying an old banger Why lease a car? Which of these is the best lease car? What are the main benefits of leasing a car? What happens if I break my car lease terms? Car lease vs. buying; which one is better? How do car lease specials work? What are the best car lease deals for personal car usage? Can my car lease company make me put up signs in my car? Are insurance premiums higher for a lease/hire car?
Written on: 17.11.2009 [15:50]
Nele Nele Posts: 4	If you don’t need a car any more or your circumstances change suddenly you will be stuck with a lease contract and will be forced to pay quite a big penalty to get out of the contract L