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When you buy a car, do you have to pay a tax each time you make a payment?
The issue is not which is better. The issue is what kind of situation would you be more comfortable with. Leasing and buying are relatively similar in terms of cost. The down payment on a lease is smaller, along with lower payments. But if you take into account the possibility of owning a car past its loan, the overall cost of a purchased car is similar. The real question is a two part-er-How much mileage do you put on? - I'm not talking about the difference between 12 and 15k. Those costs balance each other out when you consider the added cost to a lease vs. the depreciation of the vehicle you own. Is what I mean is do you put on crazy mileage? (well over 20k/year) If this is the case, leasing is not an option for you. (and you also go through cars like water)
The other part regards ownership- Do you want to hold the title? - You never really own the car in a lease. It's really a long term rental. Therefore you can't alter the car in a manor that can not be returned to it's original state. If you plan of moding the car, buy it.
when is the best time to buy a new car?
Personally I lease, but I don't put too much mileage on, and I like being under a warranty all the time. But take all the info here and on many forums across the web into account before making the decision.
Whats the most you would pay for a new car?
that is a big negative. leasing is always bad. you pay for a car that you dont get to keep. you have to keep miles down and its all a pain in the ***. buy one.More Questions & Answers ...
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