To Buy or Not to Buy

My car, I fear, is nearing the end of the road. For 10 years, my car has performed well, never having any major problems and never breaking down. I’m reluctant to get a new car, but I know the time has come.

My question is this: Should I buy or lease a car? I know by buying a car, I will eventually own it. Leasing will never afford me that luxury. I will make payments and at the end of the term, hand over the car for a new one. Knowing that I will lease a new car every 4 years or so is appealing. Never-ending car payments, however, is not.

What do you think? Is it better to lease or buy a car?

August 21st, 2008 by admin | Posted in Uncategorized | (0)