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Posted in Auto Loans
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b52halloween

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Is it good to lease a car?
I'm leasing my wife's car now and it is up in June. Should we lease again?

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Top Contributor
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Depends on your situation

Leasing or paying on car loan have same impact on credit score.   You might consider buying the car you have been leasing if you haven't put lots of miles on it and in good condition.   Leasing is expensive (a long-term rental) and wastes a lot of money.   Your leased car has guaranteed purchase price and most lenders will finance purchase without money down.  Sometimes best thing to do.

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