[header] How to decide whether to lease or buy a car [title] Consider your trade cycle history. [step] Chances are you'll keep the next car about the same length of time as before. If it's long term , 5 or more years, consider buying.
[header] How to decide whether to lease or buy a car [title] Consider your trade cycle history. [step] Chances are you'll keep the next car about the same length of time as before. If it's long term , 5 or more years, consider buying.
You'll generally pay less per year that way. If, on the other hand, you like to drive the latest models, leasing may be cheaper and simpler than buying and trading every 2-3 years. Leasing a car is always cheaper than moving on to the next car. [substeps] First, decide if your good trade history is included in the lease agreement. [title] Divide your trade cycle by the number of years you've rented the car. [title] Assess what potential rental costs will be. If there's such a thing as too long, consider a 3-or 6-year warranty in its place. But remember, any more than 5 years of the term is not " trade loan-back "; you may need more, or more, than that.