The Motley Fool Discussion Boards

Previous Page

Financial Planning / Insurance - Life, Car, Home,etc.


Subject:  Lease versus Financing Car Date:  10/21/2013  5:14 PM
Author:  mstrlucky74 Number:  17829 of 18090

Me and my wife both lease a car. One of the leases willbe up in a few months. We have always leased without really giving it any thought. We can't use it as a tax right off so there is no benefit there. I don't care about a super fancy car. Read some stuff on the web and it seems like it works out the same either way financially when you consider the higher payment for financing and the repairs if you plan am keeping the car for a while etc. my wife keeps saying.." We are never going to own a car.. We are always gonna have a payment". She is pushing to finance a car. Any input would help. I would have thought there was some study out there that compared the two options over time. Thanks
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us