Lookout Ford Explains the Difference Between Buying and Leasing

When you are trying to decide if you should buy or lease a car, there are a few things to consider. Each choice has benefits and some detriments. Here are a few ideas to help you decide.

Leasing

- When you lease a car, you can get a better car for less money.
- Leasing a car makes maintenance easier. It comes with a full warranty.
- If you like new cars, then this allows you to have it.

Buying

- Buying a car is easier with bad credit than leasing.
- When you buy a car, you get to keep it.
- If you get to keep it, then you can use it for a trade value.

Depending on your situation, you can do either one for your next car, but carefully consider some of the detriments as well for each. Leased cars must remain free of excessive wear-and-tear.
Categories: Finance

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