The Downside Of Buying


Repairs. When you own the car, you are responsible for all repairs, which can be costly once the warranty runs out. A leased vehicle is generally under warranty during the entire lease period. Taxes. Sales tax is due immediately upon purchase, which can take a big bite out of your bank account. Monthly payments. Monthly payments for a car loan are significantly higher than the monthly payments for the same vehicle, leased. Click a topic to continue The Lure Of The Lease – In Plain English The Upside Of Leasing A Car The Downside Of Leasing A Car The Upside Of Buying A Car The Downside Of Buying A Car The Definitive Answer Take a look at our leasing guide here.