To Buy or to Lease?

You're more likely to buy

When you lease a car, you are typically capped at 15,000 miles a year. Additional mileage can cost you up to 35 cents per mile. And that can really add up.  If you like to personalize a car, this investment can be lost on a leased car.  If you like the idea of ownership, you are less likely to be happy with the lease option.  If you like the feeling of accomplishment that paying off a large purchase brings and should consider that when you lease a car, the payment ends only when you return the car.  If the car you presently own is over 3 years old you are more likely a buyer. While not always true, you can usually drive for less if you're willing to buy and drive for at least 3 years.  If you don't mind doing your own car repairs, you probably don't mind driving a car after the warranty expires.

To see the results for a person more likely to lease, Click here.