Using a lease vs. buy calculator

Pt. 2 of 5 | 1:36 |

Buying and selling cars online

Tuesday November 16, 2010

Here, we show you a great resource to find out whether to

lease or buy your vehicle

. You can use LeaseGuide.com to get an idea of whether or not it would be best to

buy a new vehicle

outright or to

lease a vehicle

. Check it out for yourself to see what's best for your situation.

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Show Notes

- If you're unsure of whether to buy or lease a car, you should check out LeaseGuide.com.

- Enter the manufacturer's suggested retail price (MSRP) of the car you wish to drive and click Next.

- Now, enter the negotiated price you got at the dealership.

- Enter in any addition add-on costs and cost deductions that you may have.

- Now, fill out the rest of the forms that may apply.

- Enter your lease and loan interest rate and the terms that apply, as well as sales tax for your area.

- You'll get the results and be able to compare them to find out what's best for you.

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