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Personal Finance > Loan Basics Guide to auto leases

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Stop me if you've heard any of these. "I don't lease cars because you never own them." "My buddy told me I shouldn't lease a car. He says leasing is more expensive." "Lease a car? Never! I don't want to get hit with all of those charges when the lease is done." When I sold cars a few years ago, I heard these reasons for not leasing a new or used vehicle. Depending on your situation, leasing might be a smart option for you. If you have never done a car lease, there are some things to be aware of. So let's take those three arguments I just cited and see why they may be just misconceptions. F...

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