Ed The Car Guy
Region: US
Friday 19 June 2026 16:06:56 GMT
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kelsyann0432 :
There are pros and cons to both. Personally, I finance my vehicles because I don’t want a car payment forever. For most families, a vehicle is one of the biggest monthly expenses after housing, so eventually eliminating that payment is a huge financial benefit. Yes, cars depreciate, but financing still lets you build some equity. When it’s time for another vehicle, I can trade mine in and use that equity as a down payment. For example, I might trade in my Honda CR-V and still have around $10,000 in equity to put toward my next vehicle. With leasing, you’re essentially starting over every few years. In today’s market, $0-down leases are much less common if you want a reasonable monthly payment, so many people end up putting several thousand dollars down every 3 years, plus taxes and fees. At the end of the lease, you turn the vehicle in and don’t have any equity to apply to the next one. Neither option is right for everyone, but I prefer financing because once it’s paid off, I have years without a car payment while still owning an asset I can sell or trade when I’m ready for something new.
2026-07-07 16:09:59
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Rohan_sabharwal1 :
That’s true and also another idea is buy a car that’s typically 2-3 years older than the new model and it’s already depreciated about 35- 50 percent on average. Than you can always trade that it in and not lose crazy money
2026-06-20 04:53:06
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Chris Reber :
Hey, in the next 30 days, I want to buy a Infiniti QS 80 D sport what’s the best for you still I can get and how do I sign up because I don’t like to go to dealerships
2026-06-19 21:33:30
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TicToc12345987 :
can you give your opinion on leasing versus buying a new car for cash?
2026-06-20 08:48:31
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