Should You Buy or Lease Your Next Car?

Should You Buy or Lease Your Next Car?


Leasing often gets a bad rap. And no wonder: Its confusing terms sound like fodder for a course in high finance, and dealers have been known to slip bad deals past confused car buyers who simply wanted low monthly payments.

About 20% of new-car transactions are leases, but we’re convinced that more people should consider leasing. Carmakers have shifted incentives from rebates on purchases to low-interest financing and leases. If you know what you're looking for and negotiate smartly, you can save money by leasing.

Should you give leasing a go? Our six-question quiz can help you make the call.

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