Leasing or buying a car.

[katie]

Which one do you think is a better deal?
Leasing a new car or buying one?

Anyone have any experiences they could share?
Thanks!

[JoshJohnson]

It almost always depends on the financing, IMHO.

I've never leased, but I'm tempted to.

[katie]

the one thing that concerns me about a lease is going over the allowed miles.
and then having to pay for them later.
i'm gonna take a look around the internet and see what i can figure out.

still open to others feedback. thanks!

[Ally]

Leases aren't a bad deal if you do limited driving or your prepared to pay for going over the mileage.

Leases usually require a down payment (much like buying it outright) and are done for 36 months.
Like JJ said, financing usually makes all the difference.. incentives too..

[JoshJohnson]

If you have the money for the down payment, the lease is likely going to be cheaper monthly.

The better your credit, the better the deal.

[anchorbob]

These dealers will work with you if they want the deal bad enough.

[Ally]

That is very true.
Every salesperson is willing to make a deal to get someone in a car.
Just be sure that it's something you can afford whatever way you decide to finance.
I know that dealerships often have their own financing companies, so perhaps you will be able to get a deal.

[JoshJohnson]

I'm open minded to either leasing or buying. I'm planning on weighing both options and deciding which one is best for me.

[katie]

thanks for all of your replies.
i appreciate it. i looked around a little bit on financing and i think that i have decided buying would be better than leasing.
i'm sure the salesman will be able to give me more details and work to see which option would be better.

[JoshJohnson]

Salesman can always give you more details. Let's just hope they're right :)