Leasing is essentially paying for a vehicle's depreciation during the two or three years you drive it.
: Leases typically require lower down payments and monthly payments compared to a purchase. edmunds lease or buy
: Ideal if you want the latest safety features and technology every few years without the hassle of selling or trading in. When to Buy Leasing is essentially paying for a vehicle's depreciation
: Because the car is usually under the factory warranty for the entire term, major repair costs are rare. major repair costs are rare.