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To lease or not to lease? This can be a fairly controversial topic that elicits some pretty opinionated feedback. Some people say it’s simply not a good financial choice. Others are committed to leasing and do so every few years. The truth is, it’s a personal choice you should make based on your own personal preferences and financial goals. Let’s take a look at six factors you should consider before deciding whether leasing a car is right for you:
Give us a call or stop by your local financial center anytime to chat with a Personal Financial Representative and learn more.
Ultimately, most financial experts agree that buying a car is the wiser financial choice for the average consumer. But there is certainly a group of folks for whom leasing can be a great financial option that allows for driving newer and better cars for a low monthly fee. Their thought process is along the lines of, I will always have a car payment, so why not drive a newer car more often at a lower payment? Do your research and decide for yourself.