CHOOSING BETWEEN BUYING AND LEASING: HOW IMPORTANT IS OWNERSHIP?
For many customers, trying to choose between leasing or buying a car or truck is often an incredibly difficult decision. The truth is that buying and leasing both have relative positives and negatives; the first thing to consider when you're shopping is how much the idea of "ownership" matters for you. For many shoppers, being the exclusive owner of a vehicle is hugely important; among other things, ownership means being able to customize your car if you'd like, and you'll only answer to yourself if there's an accident or damage occurs. For other shoppers, however, leasing might be more attractive than owning. Leasing allows drivers to simply get a new car every three years when a lease comes to an end, and many lessees are able to drive nicer cars than they might otherwise be able to afford, as upfront charges are normally lower than purchasing a vehicle.