Manage Your Money and Investments with Microsoft® Excel

Chapter 13. Your New Car—Lease or Buy?

IN THIS CHAPTER

• Do You Really Need a New Car?

• Understanding Auto Leases

• Types of Leases

• Lease Conditions

• Lease Payment Calculator

• The Lease or Buy Calculator

For most people, a car is a necessity. And let’s face it, there’s something quite satisfying about having a shiny, brand-new car. But when it comes time to finally trade in the old clunker, getting the best deal on your new wheels is an important consideration. The most important question is whether you should lease your new car or buy it outright. This chapter will help you find the answer.

Do You Really Need a New Car?

In your quest to take charge of your finances, this is the first question you should ask yourself. A new car is a major purchase and ...