When I was talking to the dealer however something interesting came up, the lease payments for the car alone added up to $10,496.16, but with taxes and fees the total is a little over $24,000 dollars. That's not the price of the car, that's what the dealer wants to charge me for the lease alone even though the car lease in only $10,496.

2024年3月17日 · On 2, you’re absolutely right. But I’m comparing leasing vs buying the same new car. Not comparing leasing new vs buying used (which has a whole other set of parameters that may still make leasing more cost effective but is highly dependent on a ton of factors). I actually purchased an EV that has depreciated way faster than I expected it ...

2023年7月20日 · Leasing cars (minus the bizarre once EVER time in history in the first year or two of the pandemic if you had leased right before it) is the premium option to rent a new car. On top of that- just buying a 1 or 2 year old one for 80-90% of models will always save you more.

2014年7月22日 · Tons of life in the car and most even will come with a warranty. Personally, I typically go this route. You end up with a much better deal overall and a car that is still in the prime of it's life (and broken in). I have never found leasing to …

Leasing a car is the most expensive way to obtain personal transportation, but has lower upfront cost. For most people, buying is a much better deal, and if you can’t afford the upfront costs, choose a cheaper model (get a Corolla instead of a RAV4).

2023年12月3日 · Leasing is best if you’re more comfortable financially and don’t want to have to ever have work done to a car. Buying (especially a 1-4 year old car with minimal mileage) is way cheaper in long run if you take care of it and are willing …

But let’s compare buying a new car vs leasing. Because you’re getting a shiny new car it’s the most apt comparison. New car you pay top dollar and lose most of it in the first 5 years due to depreciation. Leased car you pay a monthly payment that more or …

2022年11月27日 · If you purchase a car, depending on terms, you may need to foot the bill for maintenance. Con would be not owning the vehicle, so you’re paying the money monthly similar to renting a house, but not having ownership of the asset. I know many successful people who have completely differing opinions on if leasing or buying a car is better.

2023年8月11日 · Leasing results in significantly higher transportation expense because you are always paying the highest amount of depreciation, and depreciation is the single largest contributor to transportation expense. Lease finance rates are higher than purchase finance rates. Upsides. Leasing a car is more convenient. That's it.

2016年6月14日 · Leasing is essentially paying the depreciation and financing related to a car over the term of the lease. It works best in a situation where you don't know if you will want a car/don't necessarily need a car at the end of the lease term, and in situations like yours, where you get a large discount regardless.