The decision whether or not should you lease or buy a car is one that depends on your specific situation and finances, as an example you could be living paycheck to paycheck and not able to afford to buy a car! You could also be in a business where you are expected to drive newer cars as a sort of success symbol! Whatever the situation you're in leasing vs buying a car really boils down to one thing. How long do you plan on keeping the car. If you only plan on keeping a car for 2 or 3 years then leasing might be a better option for you. On the other hand if you want to drive something into the ground and don't care about having the latest and greatest thing, then owning your car is the better choice.
When it comes down to the numbers Buying is always better than leasing long term! Unfortunately i didn't have time in this video to break down all the numbers and show you exactly what i mean by this. However, WHITEBOARD FINANCE does a terrific job at breaking down the numbers for you all!