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Free to try, no credit card requiredLeasing vs Buying an Automobile
What is a lease?
How does a lease work?
What are some benefits?
What are some options of leasing?
How is buying different from leasing?
What is Gap Coverage?
Questions?
Some Other Things to Know
Is it better to lease or buy?
Leasing a Vehicle
Note: Leasing is not the same as renting.
New Car Ownership - First Year (3 year loan @ 6%)
New Car Lease - First Year (3 year lease @ 6%)
or
What are some drawbacks?
Down Payment $1,000
Monthly Payment $4,200
Insurance $1,380
Maintenance & Repairs $100
DMV Fees $300
Total
Down Payment $3,000
Monthly Payment $7,296
Insurance $1,140
Maintance & Repairs $100
DMV Fees $300
Total
$6,680
$11,536
By: Dominique Fields and Mckenzie Noel
Cost Comparasion
Outline
According to Edmunds.com
- Leasing a vehicle
- Buying a vehicle
- Cost Comparasion
- Some Other Things
to Know
Buying a Vehicle
What are some benefits?
What are some drawbacks?
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