QOTD: Lease or Buy?

by Tim Healey

Published: August 26th, 2024

Today's story about almost half of EV sales being leases, plus a conversation that will be part of our next podcast, got me wondering: How many of you buy, and how many lease?

This QOTD is pretty straightforward. Do you prefer to buy or lease, or does it change depending on your situation at any given time? Aside from preference, what have you actually done as you've bought cars throughout your life?

Did you buy this time and plan to lease next time, or vice versa?

You know what to do.

Sound off below.

[Image: Jokiewalker/Shutterstock.com]

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Tim Healey

Tim Healey grew up around the auto-parts business and has always had a love for cars — his parents joke his first word was “‘Vette”. Despite this, he wanted to pursue a career in sports writing but he ended up falling semi-accidentally into the automotive-journalism industry, first at Consumer Guide Automotive and later at Web2Carz.com. He also worked as an industry analyst at Mintel Group and freelanced for About.com, CarFax, Vehix.com, High Gear Media, Torque News, FutureCar.com, Cars.com, among others, and of course Vertical Scope sites such as AutoGuide.com, Off-Road.com, and HybridCars.com. He’s an urbanite and as such, doesn’t need a daily driver, but if he had one, it would be compact, sporty, and have a manual transmission.

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Comments

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2 of 55 comments

ToolGuy on Aug 27, 2024
Whether you buy used or buy new or lease new, the really important thing is to drive like a maniac so you trash your vehicle right away and maybe put someone in the hospital. This makes you an "enthusiast."

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3-On-The-Tree on Aug 27, 2024
FreedMike Toatally agree Toyota vehicles are somewhat bland and they like to keep vehicles in their lineup and do little to no updates.. That can be a benefit in terms of working out the kinks like the previous generation Tundra. Not current Generation but I’m sure they’ll work it out eventually.

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