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Catholic Federal Credit Union Financial Fitness Blog

Leasing vs. Buying a Car

Posted by Bethany Dutcher, VP Marketing on Jan 30, 2015 11:30:42 AM

Q: I’ve been getting conflicting information about what makes more sense. Should I lease a car or buy one?

A: Here’s a little known fact: auto dealers average twice as much profit on a lease than on a sale. With about 1 out of every 4 cars being leased, it appears to be a good deal for drivers, too.

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Topics: auto, car loan, leasing

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We're happy you're here. Our blog gives us another way to communicate with you in a fun, relaxed way. Don't worry; we won't be selling you anything. We just want to share a more personal part of ourselves so you can get to know the lighter side of the credit union. Our goal is to improve your financial well-being, we'll also share helpful financial tips and recommendations covering everything from students loans to retirement planning, and dream vacations to budgeting, many from our own personal experiences. After all, we're still people helping people, as we have been for 60 plus years. Now we just have more ways to reach out and help. 

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