Buy vs. Lease — Car?
Last summer, my daughter wanted her own car, to get to work and show rehearsals. But I didn’t feel like we needed to buy another car, specifically for someone who was going off to school soon. So, I was left with the task of figuring out how to provide transportation, without creating unnecessary long-term costs. This led me to the question: When should you buy a car, versus lease? It’s complicated and, like a lot of financial decisions, depends on a number of circumstances.