Leasing vs Buying a Car Long Term

When is leasing a car better than buying a car long term? We will break down all the numbers and benefits to leasing a car so you can see the total cost of car ownership when buying a car over 10 years vs. leasing 3 different cars over that same long term time period.

You will be surprised to see how attractive leasing a car might be if the conditions are right (lower miles, etc.). We will provide real numbers for the cost of ownership when comparing leasing and buying a car. Plus I share my own opinion on leasing vs. buying a car in 2019 and beyond.

When leasing a car you always have a new car and all the safety features that come with it. The question is do you pay for those benefits. Watch our video on leasing vs. buying a car to see exactly how much each method will cost you.

So if you are interested in knowing when leasing is better than buying a car please watch this video.

Thanks for watching my channel and please subscribe for more videos on managing money and buying cars.

[craigneidel]

Some great leasing deals out there right now with all that is going on. Find out why leasing is better than buying with this video in some cases. Of course every case is unique but if you are thinking about leasing a car in 2020 or 2021 then watch and see why leasing a car could be a great investment (maybe not always in money but in safety and convenience for sure).

[jzk]

What about the fact that you'll own a car after 10 years... one that you can sell for $5k or $10k ... did you include that into your calculations ?

[craigneidel]

Find out why leasing a car is better than buying a car if you don't keep your car longer than 10 years. Of course the kind of car you purchase and the total miles you drive are important when using this leasing method. Thanks for watching.

[xelnaga]

You didnt add the cost of the down payment. 2000 down is still 2000 out of pocket. so in the first example it should be 34164 total cost. as it cost you 2000 at the start.

[pittsburgh]

You should've added the extra $1000 for the drive off fees each time you lease so your pushing extra $3k at end of those 10 years. With that being said do you think it's a better idea to go no money down on leases? My lease is up in August/2 months. This was my 1st lease so still learning. I like the piece of mind you get from the lease as if anything happens you're covered. Also i have an accord currently. Shouldn't i get a car that's got a lower RV? This thing held its value at 15k after the 3 years. Thanks for this video

[dwightk.schruteiii]

In thinking about leasing the new Supra. Andy advice?