Is Leasing A Car Better Than Buying at Buying

Is Leasing A Car Better Than Buying. New car costs have risen greatly, and other costs such as healthcare and housing have risen greatly, putting a damper on people's ability to buy new vehicles. A lease term is usually shorter than a loan term, and the monthly payment is often lower.

Leasing demands little or no upfront money. That’s because many leases include extra mileage fees and wear and tear fees, the latter of which can add up to the equivalent of as many as three monthly payments. There are plenty of reasons why leasing a car can be better than buying.

Chevrolet Corvette C6 20042013 interior Autocar

Leasing a car can be a fantastic option for lots of people, but for some buying a car will be the better choice. When you buy a car, you are making an investment. Of course, there are a few caveats here: You will have an asset.