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Part III: Financing Your Home and Car > Your New Car—Lease or Buy?

Chapter 13. Your New Car—Lease or Buy?

IN THIS CHAPTER

Do You Really Need a New Car?

Understanding Auto Leases

Types of Leases

Lease Conditions

Lease Payment Calculator

The Lease or Buy Calculator

For most people, a car is a necessity. And let’s face it, there’s something quite satisfying about having a shiny, brand-new car. But when it comes time to finally trade in the old clunker, getting the best deal on your new wheels is an important consideration. The most important question is whether you should lease your new car or buy it outright. This chapter will help you find the answer.


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