Car Buying vs Leasing

Front

What is an advantage of buying a car?

Back

Convenience and freedom of transportation

Front

What is an advantage of leasing a car?

Back

Lower monthly payments and flexibility to upgrade to a new model

Front

What is a disadvantage of buying a car?

Back

High cost of purchase and maintenance

Front

What is a disadvantage of leasing a car?

Back

You don't own the car and have to return it at the end of the lease term.

Front

What is a factor to consider when deciding to buy or lease?

Back

Financial situation

Front

Which option provides more flexibility in terms of vehicle choice? Options: bike sharing services, ride-sharing services, car rental services, public transportation

Back

car rental services

Front

Which option allows for ownership of the vehicle?

Back

purchasing

Front

Which option usually has lower monthly payments? Options: Option with shorter loan term, Option with higher interest rate, Option with longer loan term, Option with larger down payment

Back

Option with longer loan term

Front

Which option is more suitable for individuals who prefer driving new cars every few years? Options: Buying a car, Renting a car, Sharing a car, Leasing a car

Back

Leasing a car

Front

Which option is more suitable for individuals who drive a lot of miles each year? Options: Leasing a car, Renting a car, Buying a car, Sharing a car

Back

Buying a car