Get the Keys to Buying and Leasing Cars

GET THE KEYS TO BUYING AND LEASING CARS TO BUY OR TO LEASE? CAR SHOWROOM There is no simple answer Each car buyer has unique needs The trick is finding what is right for you LEASING LOOKS GOOD FOR SOME DRIVERS V Get a more expensive car for a lower monthly payment APPROVED CAR LEASE V Drive away in a new car every few years V Don't worry about trying to resell the car in the future BUYING IS THE BETTER BET FOR OTHER PEOPLE Every payment builds up equity in the car End up actually owning the car V Keep the car long after you've paid it off SOLD ASK THESE QUESTIONS TO DRIVE AWAY WITH THE RIGHT DEAL What are my priorities for my car? If you want an upscale model, leasing could save you money If you want to drive without a payment in the future, consider buying How much will I be driving? 30000 Leases have mileage restrictions, so they're not good for people who drive a lot If your teen drives your car, don't forget to consider those miles Which financing deals and other incentives are available? Both buying and leasing can come with good financing and incentives Check with the dealer to see what is on offer when you car shop What kind of monthly payment can I afford? Leasing payments are lower, but insurance can be more expensive Purchase payments can be much higher, which means they may not fit your budget Provided by: Commonwealth Honda "Shop Us Last... You'll Love Us!" www.COMMONWEALTHHONDA.COM Sources: www.kiplinger.com/quiz/cars/TO09-SO01-should-you-buy-or-lease-your-next-car/ www.edmunds.com/car-leasing/should-you-lease-or-buy-your-car.html lifehacker.com/5858640/should-i-buy-or-lease-a-car