: Usually expressed in months (e.g., 24, 36, or 48).
: This varies significantly by state and local municipality. 🚗 Which Option Fits Your Lifestyle? Choose Leasing If: You prefer driving a new car every 2 to 3 years. You want the lowest possible monthly payment. You drive a predictable number of miles each year. You use the vehicle for business and want tax deductions. Choose Buying If: You plan to keep the vehicle for 5 years or longer. You drive more than 15,000 miles per year.
You want to build equity and eventually eliminate monthly payments. You like to customize or modify your vehicles.
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