Should I Lease or Buy a New Car?

We believe that if you are a new car buyer, you should lease unless you are a person who likes to keep their car for long period of time and by that I mean for seven plus years. If you like to trade out before seven years, by all means lease. If you keep your vehicle for seven plus years, it is typically more cost effective to finance than to lease. Generally, you should finance a pre-owned vehicle because it is less expensive to lease the same vehicle new. The exception is if the manufacturer offers a certified pre-owned lease program. If that is the case, you should have your sale consultant show you options both ways between new and pre-owned.