Buy A Car Or Lease A Car Which Is Better [SIMPLE · 2025]

: You may be charged for any damage beyond "normal" wear at the end of the term. Buying a Car

: Business owners can often write off lease payments as a business expense. Cons : buy a car or lease a car which is better

: You do not build equity and must return the car or pay a "buyout" fee at the end. : You may be charged for any damage

: Payments are typically lower because you only pay for the vehicle's depreciation during the lease term, not its full value. covering major repairs.

: Most leased cars remain under the manufacturer’s warranty, covering major repairs.