Before deciding, compare repair costs to a full car payment plus insurance difference. A paid-off car with repairs may still be cheaper than a new payment.
Is it better to lease or finance a car when prices are still high?
#auto finance#budgeting#car loan#leasing#money
My old car is getting expensive to repair. Leasing has lower monthly payments, but financing feels better long term. What would you choose now?
AI Summary
People compare leasing and financing a vehicle when car prices and repair costs are high.
Answers & Discussion
Leasing can work if you need predictable costs and drive limited mileage. Just understand mileage limits, wear charges and what happens at the end.
If you plan to keep the car a long time, financing usually makes more sense. Leasing can look cheaper monthly but keeps you in payments forever.
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