Should You or Should You Not: Lease? »

Should You or Should You Not: Lease?

Okay, I got it. I heard you, people. And I will answer your questions now. But please, don't bowl me over, okay?

Here's what you need to ask yourself when you're thinking of leasing and everyone tells you no. Oh well, not just plain and simple "no," but "NO!!!"
You need this, buddy, 'cause it all boils down to what you need and want: not what THEY tell you.

First question: Do you have the cash, or can you afford a monthly payment without losing a house or something to that effect?

If your answer is no, then leasing is for you.

Do you keep the vehicle for more than five years?

If yes, then go buy a car instead. Leasing is usually good for two to three years only.

Do you drive a lot?

If you drive more than 20,000 to 25,000 km per year, leasing can be such a pain in the ass. So go get a used car instead.

Does your dealer show you "full disclosure" lease agreement?

If no, go find another dealer somewhere else. All contracts no matter how tough are fair. Be sure you see that in your dealings with any lessor.

But, hey, the most important question to ask is this:

Have you done your part? Go ahead and do some reading before you say leasing sucks.

What Our customers are saying

The lease rate I got by calling the dealer was $67 higher than the rate I got from Car Leasing Secrets. It’s all about the local competition. So happy with my Benz!
Cristoph Wiese
Athens, GA
This is probably the easiest way to get quotes and compare them. I got one from each dealer in my city. One of them was surprisingly low. The quotes are free. No worries there.
Kristen Fletcher
Albany, NY
What a great way to shop around! I wanted a Corolla. There’s only one Toyota dealership in my city but I got a quote for a Honda Civic and decided to go with that one because I got such a good offer.
Mark Dolan
Missoula, MT