To lease or not to lease...
OK, so it's not as important a question as the one Hamlet was trying to answer, but your decision sure can have a big impact on your finances.
But before you read any further, please note that this article addresses leasing by an individual, not a business.
How do you know if leasing makes sense for you, or if you're getting into something you'll regret a few months down the road? A lot depends on being honest about your lifestyle, your finances, and your future plans.
Here are some popular ideas about the benefits of leasing:
- I get more car for my monthly payment than if I took out a loan
- I get to drive a new car
- My vehicle is always under warranty
- I don't want to have to deal with selling or trading in my vehicle when I'm done with it
- I ...