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Buy or Lease |
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The term buy or lease, as applied to car leasing, typically is a shortened form of the phrase, "buy versus lease." What is generally wanted is a comparison of the cost of buying a car with a conventional new-car loan, versus the cost of leasing that same car. A buy or lease comparison involves calculating monthly lease and loan payments, as well as total costs. Having this type of information then allows an automotive consumer to make informed decisions that meet their financial objectives. Automotive buy or lease calculators are available on various web sites, such as the Lease vs. Buy Calculator by LeaseGuide.com. For more information, see: The Lease Guide
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