When To Lease Vs Buy A Car | HD |

On the other hand, Emily's coworker, David, was a proponent of leasing. "Leasing allows you to drive a new car every few years, with lower monthly payments," he said. "You'll also be under warranty during the lease term, so you won't have to worry about maintenance and repairs."

As Emily drove off the lot in her new leased sedan, she felt confident that she had made the right choice for her lifestyle and budget. Whether you lease or buy, the most important thing is to make an informed decision that works best for you. when to lease vs buy a car

Leasing also provided Emily with the opportunity to drive a higher-end vehicle for a lower monthly payment. However, David cautioned her about the mileage restrictions and potential fees. "Most leases come with a mileage limit, typically around 12,000 miles per year," he said. "If you exceed that, you'll be charged extra. You'll also be responsible for any excessive wear and tear when you return the car." On the other hand, Emily's coworker, David, was