Q&A


Please don’t say buy a new car. I know it is, but I’m comparing leasing new and buying used, certified pre owned not wheter to buy or lease a new car. Thanks.

5 Responses to “Which is better, leasing a new car as opposed to buying, or buying a used car?”

1. Jayheazy on May 25th, 2009 8:17 pm

   Buy newly used, they’re ridiculously cheap right now!

2. dale b on May 27th, 2009 5:03 pm

   It’s financially best to buy a late model used car and keep it for at least 5 years. The initial depreciation has already been absorbed by someone else, and you have the lowest cost of ownership possible. Good luck.

3. Stupid Flanders on May 30th, 2009 11:01 pm

   Buying a used car is better. Just make sure you spend the extra $100 to have it inspected by an independent mechanic.

   Leasing is basically a long-term rental.

4. wing b on June 1st, 2009 1:02 pm

   Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – car-insurance.22web.net

5. twofortwo on June 2nd, 2009 1:55 pm

   Although people will give you simple quick answers, it not quite that easy to answer this kind of question. It depends on whether you like getting a new car every 3-4 years, take good care of your cars, drive only average miles, and don’t care about ownership — leasing might be right for you. Here’s an article that might help you determine if leasing is right for you:

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