Leasing vs. Financing A Car in 2024 | Which Is Better For YOU?

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What is the best way to get a new car in 2024? Leasing, Financing, or Buying?
Going over actual number examples using a 2024 Toyota 4Runner TRD Pro

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0:00 - Intro
0:33 - Buying VS Financing VS Leasing
1:16 - Buying
1:54 - Financing
2:37 - Leasing
2:54 - Numbers Difference (Example)
3:13 - 2024 Toyota 4Runner TRD Pro
3:34 - Packages & Add-Ons
4:15 - Taxes & Fees
4:42 - Buying 4Runner TRD Pro
4:56 - Financing 4Runner TRD Pro
6:01 - Leasing 4Runner TRD Pro
7:10 - Direct Number Comparison
7:43 - Outro

#carreview #finance #lease #personalfinance #carbuying
  1. Generalatwork
  2. Car buying
  3. Financing
  4. leasing
  5. lease or finance
  6. leasing a car
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Комментарии
Автор

the problem with leasing is that you don't own it after 3 yrs. You still have to buy the car out after that. I think leasing will make sense if the payment on it was like 800$

ucheus
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Excellent video. Suggest you point out that with the lease you don't have a vehicle after 3 years. You must start another lease to reach the 6 years of financing. After the six years, you have a vehicle if you purchase or finance. Maybe you should raise the issue of how long you intend to keep the vehicle? A few scenarios, say 3, 6, 10 years would be interesting. Nice video.

joe
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Awesome breakdown with realistic numbers

ysidromendoza
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Toyota you buy and keep long term. You dont even account for trade in value. My 2017 4Runner trd pro payed 55k new at that time has 80k miles now. I can trade in for 32k(apraised 3months ago) Most american cars, you lease as they fall apart after warranty is done. Im keeping my 4runner for at least 10-15 years. Its a waste of money to lease, the amount im saving not leasing, i can buy 3 trdpros by the time i trade in mine and my 2017 will be valued at around 20k for trade in. Dealers want you to lease. Endless stream of income for them. Not smart for a buyer.

camooo
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Can’t believe these numbers, would think we’re talking about a German luxury vehicle not a Toyota… Man, what happened?

manigee
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None just buy. If you cant afford it, tuff luck.

ChrisParayno