www.kidney.org

Should You Lease or Buy Your Next Car?

Looking to get a new car? The question is, should you buy your next car or lease it? To help you weigh your options, we will look at how leasing a car and buying a car compare according to what your priority is.

 
 
 

 

 

Keeping Minimal Down Payment:

  • Lease if you want to pay as little as possible upfront.

  • Buy if you would rather pay more upfront to shrink your monthly payment.

 

Keeping Your Credit History Out of It:

  • Lease if you are confident in your credit history. You must have good credit to lease.

  • Buy if you would rather your credit history go unscrutinized.

 

Other Big Financial Expenses:

  • Lease if you are not paying for a mortgage or family expenses.

  • Buy is you have a mortgage or budgeting for a family.

 

Long-Distance Driving:

  • Lease if you do not have far to drive. You may be paying extra if you drive over a certain number of miles.

  • Buy is you consistently put many hours on the road.

 

For Business Use:

  • Lease if you can claim your car as a business expense as leasing expenses are deductible.

  • Buy is you cannot claim your car as a business expense.

 

Longevity:

  • Lease if you prefer to replace your car every two or three years.

  • Buy is you would rather drive one car for as long as possible.

 

Future Improvising:

  • Lease if you are comfortable committing to the full time period of the lease.

  • Buy if you want the option to sell your car if something happens.

 

Giving Yourself a Head Start:

  • Lease if you are okay starting from scratch each time you get a new car.

  • Buy if you prefer getting trade-in value when you buy a new car.

 

Whether you find it beneficial to buy or lease your next car, we hope you consider your old car donation to Kidney Cars. It’s a great way to let your old vehicle go where it can still do some good.

 

  • Help improve lives and donate your vehicle today.

  • We accept vehicles even if they no longer are running, as long as they have a title.

  • There is no cost to you, simply call us at 800.488.CARS (2277) or complete our online form.

  • Then schedule a pick up time that fits your schedule. You can make a difference in the lives of millions with kidney disease.