Should You Lease or Buy a Car?

Summer is coming to a close and you’re probably looking to trade in that convertible for an SUV that can brave the intense Texas snow we’re due to get. Okay, that may be a slight exaggeration. Truth is, data shows that now is the time that most people consider buying a new car. Maybe it’s easier to trade in a car rather than clean out all the sand your dog brought in over the summer.

If you’re in the market, or have been in the past, you’ve probably been offered to lease instead of buy your new or used vehicle. Most choose to buy, probably because they like the idea of truly “owning” their vehicle, but many never get to the point of actually owning their vehicles.

The reality is, leasing is a smart, money-saving option for certain types of customers. However, the same holds true for buying for other types of car buyers. It just depends on you. Read More