You can upgrade to a brand-new model with the latest safety features every few years. Cons:
You pay for the depreciation (the value the car loses) over a set term, usually 24 to 36 months. Pros: is leasing or buying a car better
You drive a lot, plan to keep the car for a long time (5+ years), and want to eventually live without a car payment. You can upgrade to a brand-new model with
Deciding whether to or buy a car usually comes down to your lifestyle, how much you drive, and how you prefer to handle your finances. 1. Leasing: The "New Car Every Few Years" Route how much you drive