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To Lease or Buy??

SpringsCat

On full scholarship
Gold Member
Jun 24, 2001
3,206
3,117
113
Previously; Castle Rock, CO, now; Olathe, KS
I currently have two cars. One is paid off and other has about $9K in equity. However, I want to upgrade the car with the payment but thinking since we trade about every 3 years...why not Lease??

Can you experts give me some advice?

Added info; live in KS, current vehicle is a 2013 with 31,000 miles, $9K in owed versus value. Mostly would not keep this car for 10 years. Have a 2008 Jeep Unlimited paid off....will keep forever....too fun to drive.

What are the pros and cons?
 
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