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Should You Lease Or Buy Your Next Car? It May Affect Your Mortgage.

August 14, 2012 by Kim Abbott

Should you lease a new car, or should you buy one? Like most financial questions, the answer depends on your situation. For some people, leasing a car presents distinct economic advantages. For others, buying a car is the way to go. There's plenty of online material to help you choose your optimal path, but this 3-minute piece from NBC's The Today Show serves as an excellent summary. In it, you'll learn about the basics of leasing a car, and for whom leasing can be a great fit. You'll also hear reasons to avoid a lease completely. The NBC interview makes all of the following points : … [Read more...]

Filed Under: Personal Finance Tagged With: Cars, Lease, The Today Show

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