Which situation suits you best?

Leasing or buying a used automobile requires careful consideration of both options before deciding on one. Both have pros and cons to note with varying impacts on your life.

New Roads Auto Loans has announced the release of “Leasing vs. Buying a Used Car: Which Situation is Best for You?” This resource examines the factors to consider when buying or leasing a used vehicle, the pros and cons of buying a used vehicle, the pros and cons of leasing a used vehicle, when to buy a vehicle, when to lease a vehicle and the impact on a person’s credit score.

Leasing a used car is ideal when a person only needs a vehicle for a short period of time, and buying a used car is ideal when a person plans to drive the vehicle for a long time. Leasing benefits consumers by offering lower payments and making it easier to return, and buying benefits consumers by offering ownership of the asset without additional or hidden costs.

Before making financial decisions, it is important that consumers spend time assessing their current situation and what will work best for them. “Leasing or buying a used automobile requires careful consideration of both options before deciding on one. Both have pros and cons to note with varying impacts on your life,” according to New Roads Auto Loans.

To learn more about how to determine whether to lease or buy a used car, please visit New Roads Auto Loans here.

About New Highway Auto Loans

At New Roads, we know that credit problems can happen to good people. But we also believe that having a late-model car is essential to modern life, and that credit issues shouldn’t stop you from getting a good car or truck. That’s why we specialize in providing car loans to people with credit problems. If you have bad credit and are worried about qualifying for a car loan, don’t worry. New Roads is backed by Consumer Portfolio Services (CPS), we have financed over 900,000 vehicles since 1991 for consumers with credit issues.

Share the article on social networks or by e-mail: