DiscoverThe Car Buyers ToolboxDebating the Best Route in 'Financing V. Leasing': Uncovering Which Option is Best for YOU!
Debating the Best Route in 'Financing V. Leasing': Uncovering Which Option is Best for YOU!

Debating the Best Route in 'Financing V. Leasing': Uncovering Which Option is Best for YOU!

Update: 2023-04-17
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Description

In this episode, we’ll discuss the pros and cons of financing versus leasing when it comes to purchasing a new car. 
We’ll start by discussing the differences between the two options, the benefits and drawbacks of each, and the financial implications of each. 
We’ll then explain what the consumer should consider when deciding between the two options, such as credit score, budget, and future plans. 
Finally, we’ll provide some helpful tips and advice on how to make the best decision when it comes to financing versus leasing a car.

Here are some points to consider for yourself...

  • How long do you typically drive a vehicle for
  • Annual mileage
  • History as a predictor of future behavior: normally trade, sell, or keep vehicle once paid off
  • Last or Existing vehicle: lease, finance, cash
  • Modify or keep it stock/factory
  • How important is warranty to you: replace before expires, don’t care
  • Servicing: at dealership, shade tree mechanic, self
  • Money factor is especially interest rate
  • Residual value


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For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.com

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Music by AlexGrohl from Pixabay

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Debating the Best Route in 'Financing V. Leasing': Uncovering Which Option is Best for YOU!

Debating the Best Route in 'Financing V. Leasing': Uncovering Which Option is Best for YOU!

Odie and The Wild-Man