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Auto Loans Versus Auto Leases

Auto industry statistics indicate that 80 percent of auto buyers either pay cash for their purchase, or finance it with a loan issued either through the dealer or a private financial institution. However, there is a small percentage of people who do not prefer to buy a vehicle, but rather prefer the option of leasing.

If you are in the market for a new automobile, you may be wondering whether owning or leasing is the best option for you. The choice depends on a number of factors.

Some of the reasons why people prefer buying over leasing include:

Some of the reasons why people prefer leases over ownership include:

No matter which option you choose, make sure you fully understand the benefits and drawbacks to each of them before signing on the dotted line.

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Top Consumer Reviews Articles

TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.


Auto Loans In The News

Car buyers say they are more satisfied with direct financing than indirect

Customer satisfaction with auto lenders is highest when the dealer is left out of the equation, according to J.D. Power. Direct financing, or loans arranged through banks or credit unions, remains one ...

Published:  Wed, 14 Nov 2018 08:10:00 GMT



Do Banks Require a Service Contract For a Used Car

Lots of emails. I've decided to pick a few and try to help answer your burning car-buying questions. This week we are talking about buying a service contract to get a loan on a used car ...

Published:  Fri, 16 Nov 2018 06:13:00 GMT



What Is a Good Credit Score to Buy a Car

Your credit score is one of the critical factors lenders look at when considering whether to finance your next auto loan and what interest rate to charge you. While some car buyers can pay cash for th...

Published:  Thu, 15 Nov 2018 06:30:25 GMT



The Best and the Worst Time of the Year to Buy a New Car

according to car-buying website AutoTrader. Sales and finance professionals are ready for quitting time, but an eager salesperson will not let a serious customer walk away without buying.

Published:  Fri, 16 Nov 2018 02:30:00 GMT



2013 Chevrolet Cruze LT CAR LOANS FOR ALL CREDIT

Car Financing Available For All Credit Situations! Whether you have Great Credit, No Credit, Slow Credit, Bad Credit, Been Bankrupt, On Disability Or on a Pension, we have multiple lenders that want t...

Published:  Sat, 17 Nov 2018 14:48:00 GMT



Police: Man breaks into, steals car from Fredericksburg auto finance business

FREDERICKSBURG, Va. (WRIC) -- Police are searching for a man who reportedly broke into an auto finance business in Fredericksburg and stole multiple items, including a camera and then a vehicle, early ...

Published:  Fri, 16 Nov 2018 12:22:00 GMT



Oparanya: We don't have money for MCAs car loans, mortgages

The Kakamega county assembly will not get additional funds for car loans and mortgages, Governor Wycliffe Oparanya has said. Mr Oparanya said the money the ward representatives were asking for was not ...

Published:  Tue, 13 Nov 2018 13:00:00 GMT




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