Hi, This is a life-living question...

Which is better Buying or Leasing a car? (I am deciding if I buy or lease a car. It is not Lexus but I may want to buy a brand new 2017 year model car...)

Please explain with fomura so that I can explain to others as well. Thank you

BUY:

You buy a brand new 2017 year model Lexus car which is $35000. You pay $10000 for down payment. APR is 1.9% and 36 months loan. How much do you need to pay monthly? you drive 9000 miles per a year. the car is very clean, looks still new, and no accident. After 3 years, approximately how much will the car value be? Should you sell it or keep it? If you keep it, how long you should keep it?

Lease:

There is a brand new 2017 year model Lexus car which is $35000. You pay $2000 as downpayment for lease. You pay $xxx monthly next three years. you drive 9000 miles per a year, and it is in the deal so you do not have to pay extra money for it. Until how much maxium monthly payment is better deal to lease the car?