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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