The Costs
Leasing can be a great option if you want to drive a new car every few years and keep your monthly costs low. But buying may make more financial sense if you plan to keep the car for a while. It really comes down to your specific situation and goals. For me, I tend to lean towards buying.
The Benefits
When you use the Lease Vs Buy Comparison, i like the idea of eventually owning the car outright and not having to worry about mileage limits or wear-and-tear fees when the lease is up. Plus, the monthly payments are usually lower for a purchase compared to a lease. That said, leasing can make sense if you want the latest tech and don't mind the hassle of returning the car every 2-3 years.
