Do you prefer to lease or buy your cars ?
 

Do you prefer to lease or buy your cars? I'm going to venture to say most webmasters prefer to lease because of the potential
Tax write-off.

I think it depends on the car and the incentives. Awhile ago it was cheaper to lease and get a new car every couple years, but it's gotten more expensive lately because of all the mileage overage costs and stuff. Plus payments suck, it's better to just pay cash and have it be over with.

buy - with cash. no fucking payments.

I couldn't agree more. Everything we have other than the house is ours, free and clear. I don't like owing people if I can at all help it.

Buy, I like to outright own it.

Buy outright, and drive it as much as you want without being concerned about running up excess mileage costs! I average 26,000 per year!

Dave
www.davecummings.com

Yep, not to mention you can add performance mods to it, without worrying :)

I hate having loans and debt so I try to buy things cash as much as I can.

I think I would buy it still if I had to get a car on credit. I hate paying down payments and fee's etc and then turn the car over at the end.

My grandma owns the car I'm luckily allowed to drive, sometimes. :)

Cash only!

Buy if you can, it is the best solution

same here

same here too :thumbsup

It all depends on the car and the situation for me:

When I leased cars I lived in the burbs and would get a something that I knew wouldn't get nicks and scratches, kept low miles, etc.

When I bought an SUV, I knew it would get some serious use and the interest rates were high so I paid cash.

When I moved to the woods, I knew whatever I bought would get some real abuse so there was zero sense in leasing but the 0% offers were all over the place. I compared the 0% interest with the "cash back", found a dealer which charged $99 over dealer invoice (and they always have for the 15+ years I've known about them), bought a truck and an SUV and put the cash away to earn interest.

Then my son wrecked my truck. :( Thankfully I bought gap insurance so everything was covered.

In the couple of years I plan on getting rid of the SUV and buying a full sized truck and a Wrangler. If the 0% offers are still around I'll do that but if not I'll pay cash.:thumbsup

buy, i dont like leasing anything

I have always purchased cars in the past, but now it makes more sense for us to lease vehicles through the business.

DH

If its through a corporation its better to lease, if its personal finance or pay cash if you don't like paying interest.

we leased a car about a month after my first daughter was born...haha. years later the upholstery is a mess from melted crowns and other messes and the lease is up in April....we were new to kids and had no idea how kids and leases don't add up! :)

lease, that way I can trade it in, in a few years and get a new one. lol