Lease or buy?

The choice between buying and leasing has often been a tough call. On one hand, buying involves higher monthly costs, but you own something in the end. On the other, a lease has lower monthly payments, but you get into a cycle where you never stop paying for a vehicle.

Whether you choose to buy or lease your next car depends wholly on your goals, budget, and personal preferences. Both buying and leasing cars have their costs and benefits; the key is determining which is most suitable for you.

Do some research on the cost and benefits of car buying vs. leasing and reply to this discussion thread answering the following:

1) List 2-3 benefits of buying and 2-3 benefits of leasing.

2) After your research, which option is better suited for you (buy or lease) and why?

3) Cite the sources of your research