Leasing vs. Buying

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Choosing whether to lease or buy a car can be tough. The right decision can be based on a number of factors, including:

  • Your liquid cash.
  • Your credit score.
  • How much you drive.
  • How long you hope to have your vehicle.

Below we've outlined the pros and cons of each option to help your car buying process.

Leasing: Pros & Cons

For a more detailed breakdown of the car leasing process, check out our Leasing 101 guide.

Buying: Pros & Cons

Still not sure which option is best for you?

If you're still on the fence, try using one of many online tools designed to help you make the right choice. Try taking a quiz to get you started, like the one offered by Bankrate.com. It will use some basic questions about car ownership and your finances to zero in on a good path for you to start down.

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