Should I lease or buy a car?

I have the option to lease or buy. I could buy a car and pay in full. BUT buying a car is a lost cause anyway you always end up loosing. However i hardly drive. I work in a leasing office where i live, so i walk to work. I hate to pay off a car and loose the full amount of 25,000. Is leasing a good idea or should i just buy?

It depends on how long you intend to keep the car. If you are going to keep it for only a couple of years, then lease it.

If you intend on keeping it permanently, then buy it. You'll only have to pay for it once.

You will lose major bucks trying to purchase the car after your lease is up & you decide to keep it.

I always buy my cars and pay in full. When you lease, you owe at the end of the contract, because they never seem to retain the value. As long as a car is driveable, if you own it it's yours. Why not look for s car that's been returned from lease and buy one of those.?

Buy used. You can save thousands. Maybe a car with 40 to 60 thousand miles on it. Save money while driving that car then get a better one in a year or two. keep moving up until you can pay your ride off. every year buy a car that is 1 thousand or 2 thousand more expensive. I started out with a 2000 dollar car and have moved up to a 8000 dollar truck over the years and its paid off. Soon I will own a 10 thousand dollar car.

Well now if you do not drive a lot you should lease it because you then you can get a new car once ur lease is up and as long as you do not get in to an accident or do any damage you will be fine. Go with leasing it if you don't drive a lot.

Leasing is for cars that go down in value.

Buying is for cars that go up in value.

Unless you're buying a Ferrari as a collectible than if you're car is going to drop in price lease it so you don't have to eat that price drop.

This is how leasing works with Chevrolet models since all of them hold there value at around 50% of price after 3 yrs. give or take a percent or two (and all others that hold value the same.) Say a car is worth 30,000, you lease half of the price which is guaranteed future value meaning the leasing company guarantees the car will be worth no less than 15k after 3 yrs. and you pay the other 15k in the lease. Now, when the lease is over, you owe nothing and still have 4 options with the car. 1) When trading it in you are guaranteed the 15k BUT if it appraises for more than that, you get the extra money straight to your pocket 2) If someone likes your car before you trade it in and they offer you 18k, you have 3k in your wallet because all the leasing company cares about is getting their 15k or car back. 3) Say the market goes down on your specific car and it doesn't hold value like they thought it would and it appraises for 13k, the leasing company takes the lost, still you owe no money 4) If you like the car, you can re-finance the other 15k left at your preferred rate. Also what they are doing now is if you pay for the extra miles, say 12k instead of 10k per year, after the 3 years and you don't use them, you get your money back for the extra miles you paid for. And for the condition of the car when turning in, all you have to do is keep the car in average condition (normal wear and tear) the only extra charges would come from tears, burn holes, bald tires(and no this doesnt count losing regular tread life, thats normal wear and tear), and collesion damage.

This is exactly how a lease works, and if every dealership trained sales to explained it like this, there would be a lot less confusion and stress on the buyer.

You are right. You always lose money when buying, or leasing, a car because of depreciation. When you lease, you only pay for the depreciation. When you buy, you pay for the entire value of the vehicle.

If you think you want to lease, it's best to understand how it works and how to determine if it will work for you, and how to avoid mistakes. Here's a web site that might help:

http://www.leaseguide.com

.

For you it is, do it.

Buy a cheaper car and make half of the car's price the down payment.

If you really don't like buying, leasing is also good.

I will suggest you to buy a new car. If you don't want to pay in full then just take car loan. Because now it gets in very less interest and with fast approval. You can pay it monthly.

Just visit :
http://www.carloan123.net/
http://www.autofinancing123.com/