Overhaulin'

Better to Lease or Buy a car?

im getting my license soon and my parents are getting me a car and they told me to research leasing. however i think that if i bought a car id be paying the same price each month. so is it better to lease or buy? cars im interested in are: 2008-2009 models cx7 mazda, cx9 mazda, nissan maxima, or nissan murano

Public Comments

1. lease it fore to years and if you still want it you can by it.insted of buying the first time
2. Leasing will cost you more in the long run but since this is your first car I would lease so you can trade it back in and get a new car when your life style changes. The best idea for your wallet is buy a car and drive it for at least 10 years but I am going to assume your young and your tastes will change over time. check out this site it has great info on leasing vs buying. http://www.leaseguide.com/lease03.htm http://www.leasecompare.com/
3. If you think you may be switching cars fairly often, it is a better idea to lease. If you plan on keeping the car for more than a couple years, it is best to buy the car.
4. buy. almost noone will finance a lease right now and you have mileage limits and no equity at the end.