Leasing a Car Has Advantages and Disadvantages

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Buying a car is expensive; there is no getting around that. It's easy to pay as much for a new car today as one might have paid for a house a generation ago. But they are more complicated than they used to be and they are safer, too. Still, there is the matter of the money, and if you don't have a lot to spend you may be considering leasing instead of buying. The low monthly payments offered with leases can be appealing, particularly if you are on a budget.

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But there is more to leasing a car than just the low payment advertised in the commercial on TV. Anyone who is in the market for a new automobile should consider the pros and cons of leasing a car as opposed to buying one.

Here are some of the good points about leasing a car:

The drawbacks to leasing include:

For some people, the advantages of having a fairly new car all the time makes leasing a good choice. For people who drive a lot or who want to get the most car for their money, buying is probably a better options. Consider the pros and cons carefully in order to decide which method of acquiring transportation works best for you.

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