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Should You Lease or Buy a Car? How to Make the Best Financial Decision

Deciding whether to lease or buy a car isn't straightforward. Although buying a car is usually better, in some cases leasing does make sense.
By LAUREN LYONS COLE
Apr 02, 2015 | 07:00 AM EDT

Deciding whether to lease or buy a car isn't straightforward. Although buying a car is usually better, in some cases leasing does make sense. Regardless of your choice, shop around for the best deals and make sure to negotiate the sticker price. Carefully consider your financial situation before making a decision. The more cash you have on hand, the better deal you’ll get. Focus on improving your credit score before heading to the dealership. If you still don’t know whether you should lease or buy a car, considering purchasing a certified pre owned car. These cars have usually just returned to the dealership from a lease and are in excellent condition for a very good value.

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TAGS: Car Insurance | Personal Finance | Video | Cars | Automobile Components |

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