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Old 12-21-2007, 12:31 PM
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Default Difference between CAR LEASE n BUYING?

wat i know is car lease u hav to take care of it but if u don't want it anymore u can give it upwat else. . how long can u have da car how much is the monthlyis the monthly bill more expensive than buying??what if u scratch the car. . ??do u pay for da car maintenance?
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Old 12-22-2007, 03:10 AM
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u pay for mileage up front on a lease u dont pay on a purchase...
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Old 12-22-2007, 04:29 AM
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Typically you lease for a year or two years, then you have to give the car back or pay for the car (usually the price you would pay for the car new, not after 1-2yrs of use, and sometimes your lease payments don't even count toward the purchase). Usually, regular maintenance is done by the dealership under the lease, but you have to pay for any non-typical damage. My opinion is that it is more financially responsible to buy a car then to lease one if you plan on driving it long-term. Even better, buy a car that is a year old and save the depreciation of driving a new car off the lot the first time.
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