Consumer Ledger | Personal Finance Podcast

Consumer Ledger | Personal Finance Podcast


Is Leasing a Car the Right Way to Go?

July 08, 2015

Is a lease, in the words of Dave Ramsey, a fleece? Or is there a good reason for you to lease a car instead of buying it outright?Today Gene and Jay debate the wisdom of leasing a car as opposed to financing. If you run your own business and use the car for work, this one is going to appeal to you.Along the way, Jay tells Gene how he got taken for a ride when he leased his car ... and how to avoid making the same mistake by understanding how the process really works.So what's the better option - lease or finance?Don't see the audio player? Click here to download the episode to your device.