car: SHOULD YOU BUY OR LEASE YOUR NEXT CAR?
- 06/17/08 12:33 AM
It's up there with baseball vs. football and creamy vs. crunchy. Which is better: financing or leasing a new car? Leasing is often touted as the option that gives you "more car for less money." This month, the Consumer Reports Money Lab set out to test that premise. The more car/less money argument resonates with a lot of car shoppers. Leasing accounted for nearly 27 percent of all new vehicle acquisitions in 2007, according to CNW Marketing Research. Part of what's making the option more tempting: The average monthly lease payment has dropped 44 percent in the past five years. … (2 comments)
;)
;)
