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Leasing continues to attract a significant percentage of consumers who are acquiring a new car. In a typical year — and we haven't had too many of those lately — between 25% and 30% of those who take delivery of a new car, truck, SUV, or minivan lease it rather than buy it. While the recent pandemic and resulting...
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When most people buy a new car these days, they get a car loan. Because car loans are so prevalent, most car buyers don't even question the idea of getting one. What they see is a new car that costs a lot of money — likely more than they have in their bank accounts — and they want to purchase and drive that new car....
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At first glance, it seems like buying a used car is very much like buying a new car. In both instances, you first identify the car you'd like to buy and then you negotiate to purchase that vehicle. With luck, the negotiation comes after you have done some due diligence on things like your personal budget, what you...
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A brand-new car is one of the most interesting, exciting, and fun consumer products you will ever buy. Even the simplest, least expensive vehicle on the market today is an incredibly complex amalgam of technologies designed by dedicated engineers, tested by thorough development personnel, assembled by a diversified...
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Shopping for your next new car can be exciting, but it can also be an overwhelming process. There are many choices to be made and many questions to answer. One of those questions is: Should I buy the vehicle or should I lease it? Every new car buyer has to weigh the pros and cons of leasing vs. buying, and they have...
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