Buy or Lease Your Next Car?
With the rising cost of gas and these times of economic recession, people are questioning whether or not to purchase or lease a new vehicle. Anytime you are going to spend your hard earned cash on a large purchase you should examine all of the facts. AOL suggest you answer these questions before purchasing a new vehicle. Leasing or buying, these are questions you should ask yourself about any vehicle.
AOL also offers an article about leasing a Mini Cooper of Toyota Highlander. The authors points out that, when purchasing a vehicle, one should consider what the resale value of a vehicle will be when you’re ready to buy your next vehicle. Some vehicle will have lower resale value percentage, and therefore might not be the great deal it seems to be even if the sticker price seems reasonable.
Of course, the choice to lease or purchase your next vehicle is a personal choice. If your the type of person who wants, or needs to, drive a car every three or four years, then leasing might be your best choice. Leasers should remember to keep within the mileage limit for their lease.
If, on the other hand, you are the type of person who wants to pay off your car and drive it until it falls apart, purchasing may be your best option. Once the car is paid off you can invest that monthly payment elsewhere. With todays auto engineering you should be able to drive your new car for many years after it’s paid off if you don’t abuse it.
June 8th, 2008 at 7:26 am
I read similar article also named Lease Your Next Car? | Omni Automotive Advertising Blog, and it was completely different. Personally, I agree with you more, because this article makes a little bit more sense for me
September 29th, 2008 at 12:35 am
Interesting Read.