In most cases, leasing is not cheaper than buying. If you typically keep new cars longer than three years, then buying is going to be cheaper in the long run. The most expensive period of ownership is the first three years because that's when new cars depreciate the most. So the longer you keep a new car past the first three years, the lower your o

Leasing is really just a long-term rental contract with an option to purchase at the end. There is no ownership or equity in a leased vehicle unless you purchase the vehicle at a big discount. Since you don't own the leased vehicle, you have to return it (or buy it) at the end of the lease. With a conventional purchase, you own the vehicle and you

The best times to buy a new car are at the end of the month, the end of the quarter and the end of the year. Dealers and their salespeople are rewarded for meeting sales goals during those time periods, so the sale of a few more vehicles could result in their getting a huge bonus that is based on all the vehicles they sold before the end of that ti