Lease or finance?

timbop

Well-Known Member
First Name
Tim
Joined
Jan 3, 2020
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Location
New Jersey
First Name
Tim
Vehicles
2021 Mustang Mach-E (CA RT1), 2016 Dodge Durango
Occupation
Software Engineer
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I'd expect these to end up being the same. While there won't be a significant difference between the two -- you can always buy the car at the end of the period -- I'm planning on leasing/options. I look at it as a trouble free three year long test drive. LOL If at the end of three years you like the car you can buy it. If you don't or are attracted by a nice new spiffy version, you can turn it in.

The only downside IMO is you lose the ability to time your purchase.

Some people are in special situations. If I drove 25K miles a year I'd probably buy.
my thoughts exactly.
 

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