The Pros and Cons of Leasing a Car

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Leased cars are great if you have a little extra money, you take care of your car and you don't travel very far.

Financially speaking, there are good reasons to lease a car and good reasons not to. If you are someone who does not care much about cars, like my sister who drives a 123,000-mile beater that is missing a side mirror and in desperate need of an oil change, leasing is probably not for you. Keep driving that Datsun. But if you really love nice cars like my other sister, who is overly protective of her sleek red Acura but knows she’ll want something different in two or three years, leasing might be a good option. Here are your pros and cons for leasing a car: Continue reading