I am in my last year of college and am looking at cars...is it better to buy or lease?

Question:
Any suggestions for a good car or smaller suv??

Answers:

Which CAR Should I Get : 2007 Mazdaspeed6 2.3turbo , OR 2006 Lancer Evolution Mr?

well, when you buy, you build equity and eventually have something of some value to trade.

In terms of mileage and quality, is there a big difference between 27000 miles and 35000 miles?


When you lease, you rent and have nothing to show for it in the end.

If transfering a leased car from one person to another in the same state, do you have to pay sales tax again?


I don't ever recomment leasing.

1996 Crown Victoria / Retired Police Car?


Consider a Saturn Vue. I love mine. Cheap to buy, cheap on insurance and cheap on gas.

Dont own a vehicle?

Financially speaking, it's best to buy a late model used car (a popular make & model for eventual resale/trade-in) to avoid the massive depreciation. A car loses 30-40% of its value the moment you drive it off the lot. That's money in your pocket if you get an "almost" new car with 15,000 miles still under factory warranty.

First Car...?

It is always better to buy...because with a lease...it's another word for renting..your paying and paying..and at the end..you never keep it and have nothing to show for it...so i would suggest buying..and when i was looking for small SUVs..i bought a Mazda Tribute and i love it...other small ones are...Honda CR-V...Toyota Rav4...Chevy Aztec...Mercury Mariner...and many more..you just have to find one to your liking and price range!!
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