Leasing a car versus purchasing one is very subjective. An overview knowledge of how leasing works will help you determine whether you should lease or buy.

First of all, you must have good credit to lease a car because you can walk away with the car with little or not up-front money.

1) The monthly payments, in most cases, will be lower

2) You can return the car after the lease ends; however, you will have no car.

3) You can drive a better car for less money

4) You can hae a new car every few years.

5) There are no trade-in hassles at the end of the lease.

6) If you have maintenance problems, you simply take the car to the dealership for repai.

There are other advantages of leasing; however, these are the most important.

The advantages of buying are:

1) Because interest rates are low; it makes sense to purchase a car rather than lease.

2) There are no mileage penalties - ou can drive your own car as often as you would like.

3) You can sell your car whenever you want to.

4) You can make changes to your car as often as you would like.

5) If you want to give the car to a family member or donate to a charity; you can do so.

6) Because it is your car; you do not worry so much if someone "keys" or scratches your car.

You have to determine what your needs are. Leasing is definitely the way to go if you have a business because you will be able to write-off a portion of the car membership on your taxes. If you are self-employed or have a home-office business, you might consider a lease car.

If you have a family and small children; you would probably want to consider purchasing either a dependable used car or purchasing one.

Again, the advantages are very subjective. Determine your needs because both have advantages as well as disadvantages.
So if you

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