Leasing a Car is the Most Expensive Way to Operate a Vehicle.
A Marketwatch article addressed many issues that families are facing in a changing economy. Many families have felt the pinch of rising gasoline and food costs.
Most people do not realize that leasing is the most expensive way to operate a vehicle. Both Kiplinger’s magazine and a working calculator point out this obvious fact. I for one am glad that car leases will be slowing down in the near future as I have seen many families get stuck in a lease they cannot afford.
A better option is to bank a car payment for a few months and buy a car with cash. In America we need to live below our means, get out of debt and save enough to buy a car with cash. It is not an easy plan, but doing the right thing never is.