Probably the most asked question when it comes to car finances both here and across the Atlantic. Although looking at the trends for car leasing it seems the Americans favour it more than here in the UK, so here we have found a Canadian aspect on leasing versus buying from the Globe and Mail.
Here is a situation where a couple needs a new car, he wants to lease buy she wants to buy, so for their circumstances who is right? The only way to find out is to read the he wants to lease article outright.
The answer that came back for this question was probably to buy because of the huge amount of miles (or kilometres in this instance ) they do every year, 40,000 to 50,0000, this dramatically reduces the final value of the vehicle and pushed up car leasing prices. It is a good example of how everyone has difference finance challenges and so lease is not always the best choice.
