A Fool and His Money

Many people are of the opinion that getting a car on finance and lease for a period of 4 or more years is better than buying a car out right. Okay there may be some benefits such as the fact that you do not pay a large amount up front but you need to understand that after your time is up or you reach a certain number of miles, you give the car back and that’s it (even though they pay for repairs etc.)

But if you buy a car then after 4 years you can sell the car off and probably get half almost half your money back! So in your opinion, what’s better?

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