Is It Smarter To Lease Or Buy A Car at Buying

Is It Smarter To Lease Or Buy A Car. In the same way, buying a car with a loan (or leasing) is almost never financially “smarter” than paying cash. For some drivers, leasing or buying is purely a matter of dollars and cents.

This is especially true if you’re not bothered by having a car payment, indefinitely. Leasing is quickly becoming an alluring alternative to buying a new car, especially for the working class that can take advantage of novated leases. Is it better to buy or lease your car?

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In many cases, your sales taxes are higher with a purchase than a lease. With a decent downpayment on a purchase, that's less likely to occur but still plausibly possible, while leasing could theoretically allow me to ride it out while putting that downpayment to use elsewhere until the market is more stable. If you prefer driving a new car all of the time, leasing is easily the better choice. Leasing a car allows you to drive a completely new car for a fixed period of time for a certain monthly fee.