9 Reasons To Buy A Car Rather Than Lease

6) There are many good years after the lease term

No matter what vehicle you are leasing, whether it’s a simple no-frills compact or a top of the line exotic, it’s going to be around a lot longer than your leasing terms. What does this mean for you? It means you’re going to pay a lot of money monthly just to turn around after the contract is over and pay more money to lease another car.

On the other hand, if you buy that same vehicle, once you have paid it off, it is yours. You own it. Giving up that vehicle after the short leasing term leaves you giving up a perfectly good reliable car that is going to be around for many years to come. With just a few extra months, you could be looking at no more monthly payments by purchasing the vehicle.