Should I Lease or Finance a New Car?Oct 25th, 2018
“Should I lease or finance a car?”
People who choose to LEASE a vehicle usually like driving a new car every two to three years. They also want lower monthly payments and value having the latest safety and technology features in their vehicle. People who lease also have a fairly stable lifestyle and have an average number of kilometres to drive each day.
People who choose to FINANCE a vehicle want to build-up resale value and have complete ownership of the vehicle at the end of their loan. They also value the feeling of being payment-free after a few years and want the freedom to customize their vehicle. Finally, finance customers usually like to drive their car for a long period of time.