Whether you should buy or lease a car depends on a few factors:
- What kind of deal you can make with the dealership
- The typical mileage you put on your car
- How much you wear down a car
- The primary use for the car
To determine whether leasing or buying is best, compare the costs and other issues involved in a lease or purchase. The following factors should be considered:
- Beginning costs
- Continual costs
- Total costs
- Is there a possibility of deduction of any of the costs due to the car being used for business
- How important is it to have ownership of the car
