Optimal Finance Daily - Financial Independence and Money Advice

2718: What are the Best Reasons to Lease A Car? by Vicki Cook and Amy Blacklock of Women Who Money


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Episode 2718:

Leasing a car often appeals to those wanting new technology and safety without the financial burden of buying. Vicki Cook and Amy Blacklock explore practical reasons like lower monthly costs and minimal repair responsibilities, revealing why leasing, despite its drawbacks, can be an attractive option for modern consumers.

Read along with the original article(s) here: https://womenwhomoney.com/best-reasons-lease-car/

Quotes to ponder:

"Leases are an attractive option because payments average over $100 less per month than finance payments on a new car purchase."

"Since a vehicle lease is usually for three years, it's always under warranty, so significant repairs and costly maintenance is generally avoided."

"If your budget can’t support buying your dream car and you aren’t willing to scale back or buy used, leasing may be a better option than purchasing."

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