Looking for the next vehicle can be an exciting, but also overwhelming time. It seems as though there is an endless amount of choices to be made when it comes to the vehicle, where to get it, who to buy it from, or whether we want to buy it at all. So, to help with at least one of these decisions, we will examine the pros and cons of leasing vs. buying a car.

Aside from paying cash for your vehicle, your two main options in making a car deal are leasing or buying. While most people choose to finance their vehicles, leasing may be a great option as well. Your decision will probably depend on one or more of the following factors:

  1. Your financial situation
  2. The car you’re interested in
  3. Your personal preferences
  4. And your plans for the vehicle that you want.

You’ll want to consider each of these factors when comparing leasing versus buying a car.