I understand it is better to buy.With leasing ,once you pay it out in the end,it will cost you more.

never fleece i mean lease a car....the cost at the end of the lease(waer and tear,mileage)are staggering.

When you lease a car, you pay for the right to use it but have nothing to show for it at the end of a lease. When you finance it, you atually own the car at the end of the contract. You now have an asset. While you can lease a car for less money, puchasing it is almost always the better way to go.

Buying a auto is better

Think of it this way--when you lease a car, you make monthly payments and then have to give it up AND pay ridiculous costs for wear and tear and mileage, etc. You basically pay to rent the car, and end up with nothing to show for all of the money you spent. When you BUY a vehicle, you make monthly payments toward the cost of vehicle and eventually own it and have the asset. Leasing is a waste of money and a ploy to rip you off. Buy a car, but not a brand new one--if you want a new(ish) car, get one that's lightly used, one that was leased previously, perhaps...lol seriously though, you can find a LOT of '06s and even '07s with 10,000 miles or less on them that are just as nice as a brand new one, but you can pay thousands less. Good luck!

It's a preference situation. If you go in and finance a vehicle and you owe anything on your current vehicle, you have negative equity entering into the new deal. A lease can take you 36months + 45k free miles (15k miles a year) your allowed 5 scratches and 5-7 dings per body panel mileage after the term is generally around .15 a mile 10k miles over = 1500.00 The great thing about a lease vs. Financing, is after 3yrs and you decide you don't wish to be in the vehicle, you have the option to get out of it and into something new, without having negative equity against you. Meanwhile if your financing, 3 years down the road your still paying everything and could owe any amount of money, which in the end actually costs you a lot more. Plus, you are also stuck with a vehicle that depreciates and in the end, isn't worth anything to the dealership that your going to take it into for a new car. Most leasing options will ask you to pay 50% of the car value, plus cost (interest) 30k car = 15k price tag 2/3 year lease at the end, if the car isn't worth 15k the company absorbs the difference. But you also have the option to buy the vehicle if you really want it, now the great thing here, is your still paying less than the guy who financed at 60-72 months. Most people who say leasing is bad, has never leased a vehicle. While I myself have not leased a vehicle, I am a car salesman, and I try to ensure my customers are happy with me.