: Buying means you own the car; leasing is like a long-term rental.
Take this quick quiz to see which path fits your current lifestyle. should i lease or buy a car quiz
: Lease payments are usually lower than loan payments. : Buying means you own the car; leasing
Buying is often the better financial move if you plan to keep the vehicle for more than five years. Once the loan is paid off, you have a valuable asset and no monthly payments. It is ideal for "road warriors" who drive high mileage or those who prefer to customize their ride. Why You Should Lease lessees must keep them factory-standard.
: Owners can modify cars; lessees must keep them factory-standard.