Should You Buy a Used Car or Lease a New One? | Pros, Cons, & Understanding Your Options
You’ve saved up enough money for a down payment on a car, but the monthly payment for buying a brand-new one is just out of reach of your budget. There are two choices. First, you can lease a new car, with lower monthly payments and a lower down payment as well. Or you can shop the used market to find the right car for you. But when does each option make the most sense? That’s where Lauren McKay comes in, with a ton of helpful advice about when leasing a new car is a better option and when buying used might make more sense.
Read our full article here: https://www.carmax.com/articles/leasi...
00:00 Intro
00:45 Buy Used or Lease New?
01:26 Toyota Camry Comparison
02:57 Jeep Grand Cherokee Comparison
04:38 Which Should You Choose?
For the latest used car shopping tips and advice, subscribe here: https://www.youtube.com/user/carmax?s...
Visit us! https://www.carmax.com.
#newcarlease #usedcarfinance #buyusedleasenew