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Buying vs. Leasing a Car

2 pointsby sethvargoover 10 years ago

1 comment

Someone1234over 10 years ago
I&#x27;m not really interested in leasing, but that was a surprisingly interesting comparison that seemed to go into enough detail about both.<p>I did have some unanswered questions, but they link to a site comparing the actual financials of it which will answer many of them.<p>I still don&#x27;t know if I am sold on leasing, and I still have a question about what happens if you got into a &quot;serious&quot; accident and wrote your leased car off?<p>In a traditional buy&#x2F;loan car your insurance pays like 80% of the remaining on the loan (roughly). On a lease I have no idea how that would work.