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Sep 27, 2024 · Buying a car is a far more popular choice than leasing — in the second quarter of 2024, approximately 25% of all new vehicles were leased, according to Experian. But that doesn’t mean buying is the...
Aug 23, 2024 · While they are trending lower, new-car prices still remain high. With a lease, buyers make a monthly payment to drive a new car for a set term. That payment is often less than the...
Nov 10, 2022 · Higher monthly payments: When you finance a car, the monthly payments are usually much higher than lease payments. If you’re on a tight budget, leasing might be a cheaper option.
- Finance & Insurance Editor
Sep 20, 2024 · The lowest overall cost is to buy a car and keep it for a long time. But leasing usually has lower monthly costs. And leasing an E.V. may come with a tax break.
Jul 5, 2020 · Weigh the pros and cons of financing a new vehicle versus leasing, and learn how to recognize a good lease deal.
- Senior Editor
Oct 7, 2024 · Leased vehicles have broader eligibility than purchases for a federal clean-vehicle tax credit (up to $7,500), since leased EVs and plug-in hybrids are classified as commercial vehicles. This...
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Nov 3, 2023 · Leasing typically has a significantly smaller monthly payment than financing a car purchase because you're essentially renting the car instead of buying it. As such, leasing could...