Is it Better to Buy a Car or Lease One? [POLL]
I just spent several hundred dollars to fix my old ’99 station wagon (thank goodness Nissan is currently letting me drive one of their 2014 Frontier trucks). So, naturally, my thoughts have started drifting to what I’ll do when it’s time to get a new car.
I’d like your opinion on what I should do when the time comes.
Both buying and leasing a car have their advantages. Lease payments tend to be lower than car loan payments; but on the other hand, if you buy a car, you never have to give it back. But on the other other hand, maybe having to get a new car ever couple years would keep me from spending money on costly repairs. Still,would a leased car ever really feel like “mine?” Hmm…
I honestly don’t know what to do. What do you think?