ā” Leasing vs. Buying: The Real Math Nobody Shows You
Everyone has an opinion. Here are the actual numbers:
Leasing:
Lower monthly payments
But you own nothing at the end
Mileage limits (usually 10-12K/year)
Over 5 years of leasing, you could spend $25K+ with no equity
Buying:
Higher monthly payments
But the car is YOURS when it's paid off
No mileage restrictions
You build equity you can sell or trade later
The verdict: If you drive a lot or keep cars long-term, BUY. If you want a new car every 3 years and stay under mileage, leasing can work.
BuySmartAuto helps you run the exact numbers for your situation. No guessing. š
