Should I buy or lease a new vehicle?
A big truck to be specific...don't know if that changes the answer or not. Thanks!
If you are buying it for a long term purpose then buying would be the best option as you'll have the ownership rights of the truck...
You could buy a demo.. You will not absorb the cost of driving a new car off the lot and in the end its yours and if you pay twice the amount of a payment by leasing you are just burning your dollar. If you choose to sell it in a year or so any gain is yours. Check out local dealers for the beast demo price you might be suprised..
We just bought a new Mazda 3. It's so shiny! But I've heard that Honda cars drop less in value over time. I'd say buying is the best option.
Lease? Ugh! Never lease, it's such a waste of money. I wouldn't even buy new, myself. But if you must do one or the other, buy new.
If this will for a long term use, then you should buy it. However, if your going change it within 3 of 4 months, it is best to lease it.
Leasing amounts to financing the depreciation of a vehicle, plus paying useage charges, plus risking excessive depreciation when you're done. Overall, it's generally a very bad financial move, especially for personal use. Sometimes, it pays to lease for business, because you simply write off the payments. Still, most leases are such a bad deal even that is negative to your financial situation, even for a business write-off.
There is one situation where leasing makes sense, and that is where you definitely do not need whatever vehicle it is long term, and instead of buying and selling, you determine your costs up front, get to write it off fully, and it doesn't appear as credit liability on your business books.
by Vince 2 years ago
Should I buy or lease my new car?I have always bought new cars, leasing is starting to sound better to me. Should I keep buying or lease, tell me why you do or the benifits of either to help me make a choice.
by O 7 months ago
To lease or finance a car, what do you think?
by lesliebyars 5 years ago
I imagine a lease has it's advantages but if your planning on keeping your automobile for ever then a purchase is the way to go I believe.
by Pixienot 18 months ago
Which is better...buying a used car or a new car?
by websclubs 8 years ago
What is best to Lease or Buy Your Car?
by BlissfulWriter 5 years ago
What is the difference between renting and leasing?Why some say "for rent" and others say "for lease"? Aren't they the same? Or is there a technical difference in definition?
Copyright © 2019 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|