Buying Versus Leasing A Car

Buying Versus Leasing A Car #1 When you buy a car, you own the vehicle and can keep it as long as you choose. when you leasing a car, you're essentially renting it on a long-term basis. #2 When you lease a car, the monthly payments are approximately 30% lower than purchasing a car #3 You'll likely need to put as much as 10% of the payment down to get the best financing rates available #4 Leasing requires far less up front, and in some cases, even no money down #5 Once you buy a vehicle, it's yours to do with as you please. With lease, you drive it back to the dealership, hand them your keys and walk away #6 If you buy a car, when you're ready to get rid of it, you can either use it as a trade-in or sell it on your own but if you lease, you won't be any richer #7 ''Buy appreciating assets, lease depreciating assets" Cars lose value over time. So the idea is that you would lease it since you would never many any money back on it #8 After you've paid off the car, there are no more payments #9 Leases come with a mileage limit as part of the agreement #10 In a long-term rental, if you return the car in poor condition, you'll pay extra Learn more at: [RafalReyzer.com](https://www.rafalreyzer.com)