[net.consumers] Query: Lease Vs Finance a new car ???

psuvm%iks@psuvax.UUCP (04/08/84)

    Need advice: Should one have ones' new car financed or
                        have it leased ???

    I am in the preliminary process of thinking about
    going in for a new car. I have previously owned
    a used car which was partly financed by a bank loan.

    Recent inquiries made around seem to indicate that
    leasing a car with a buy-out option at the end of
    the lease period is a better proposition as compared
    to the 'down payment and bank financing' option.

    I still have time before I go in and sign up a deal
    so I would really appreciate hearing from people who
    have experience with Leasing/Financing.

    I shall post a summary of all responses in net.auto if
    the response is good. I would suggest you email direct
    to me since all postings in net.auto at PSUVM are not
    kept for long.

        Thanks in advance !
                                        --Indra K. Singhal
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