Asked by RAJ  |  Submitted April 13, 2017

Should I buy or lease a new car?

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  Answers  |  1

April 13, 2017

If you're interested in saving money, I'd suggest that you do neither. New cars depreciate up to 60% within the first couple of years! Leasing a car isn't a financially sound decision unless you change cars every 36 months or it's a business vehicle. Therefore, the best option is to buy a pre-owned car. Buying a car that's 2 or 3 years old will save thousands of dollars!

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