 TITLE: Is Leasing a Car a Good Idea? CONTENT: When Does It Make More Sense to Purchase a Car?\n-----------------------------------------------\nIt's ultimately a personal decision whether to buy or lease a vehicle. If you strongly value driving a new or luxurious car and frequently upgrading to the latest vehicles, leasing could make sense for you. But if you're content to have one reliable car that you stick with for the long run, purchasing a car could make more sense.\nIt also makes more sense to purchase a car if you want to build equity in your vehicle and have it as an asset. Leasing can cost less in the short run, with a lower down payment and smaller monthly payment, but you don't get the benefits of ownership.\nWhen you own your car, you can later sell it or trade it in to buy another car. If you play it right, you may make enough money selling a car that you don't have to finance the next one (or can at least reduce the size of a necessary loan). Leasing doesn't leave you with any equity in the car and can cost more money in the long run. END