Dec 3, 2023 · 102 votes, 145 comments. Basically what I asked in the title. Looking to see cons of leasing vs buying a car (getting a loan). Credit score is 815.

Oct 14, 2023 · If you typically buy a new car with a car loan, then leasing is functionally the same thing but with many of the costs paid pre-tax, plus the GST is refunded. A new car experiences …

Leasing makes sense for some cars, especially on the higher end but it is never frugal to use those cars in the first place. So for some looking to be frugal, buying a used but fairly recent midtier car and …

Mar 17, 2024 · Leasing is the most expensive way to drive in a vehicle. Depreciation is the largest cost of vehicle ownership and when you are leasing you are perpetually paying for the most expensive …

Sep 22, 2023 · The car will be in mint condition for decades and so will provide you with utility well beyond the money you spent on it leasing a car is a mindset of "transportation expense". I am willing …

This subreddit serves the purpose to help you make a better and more informed choice when you lease a car. Pulling knowledge from industry experts and consultants, this is not a place to advertise your …

Mar 8, 2023 · Of course, a used car will be less expensive than a new car, but somehow that seems to get conflated with financing is less expensive than leasing. If we are talking about the same new car …

The leasing companies that buy huge numbers of cars get priority over regular punters when it comes to jumping queues. That shipping delay on delivery of the vehicle you ordered 6 months ago may not …

Leasing can at times be a good way to purchase a vehicle. Interest rates on leases are occasionally much lower than those for purchases, and manufacturers often offer rebates for leasing. This can …

Therefore if you buy a new car that has good resale value, after 1 or 2 years you can do very well on a novated lease, having a car that's worth more than the residual payout and then you can either buy it …