Should You Buy A New Car Or Lease It?
When you buy a car, you become the owner, and the vehicle is yours to keep or sell as you please. Moreover, you can personalize it with modifications, accessories, and upgrades to match your style. Additionally, there are no restrictions on mileage. You can drive it as much as you want without penalties. And the best part? Over time, you build equity in the vehicle, giving you a valuable asset. On the contrary, when you lease a vehicle, there are lower monthly payments and often little to no down payment required. Furthermore, lease agreements typically coincide with the manufacturer's warranty, reducing repair costs. On top of that, at the end of the lease, you have the option to purchase the car, lease a new one, or explore other options.
