When To Lease Vs Buy A Car May 2026

After weighing her options, Emily decided that leasing was the best choice for her. She drove a lot for work and wanted to take advantage of the lower monthly payments and warranty coverage. She also liked the idea of driving a new car every few years.

Leasing also provided Emily with the opportunity to drive a higher-end vehicle for a lower monthly payment. However, David cautioned her about the mileage restrictions and potential fees. "Most leases come with a mileage limit, typically around 12,000 miles per year," he said. "If you exceed that, you'll be charged extra. You'll also be responsible for any excessive wear and tear when you return the car." when to lease vs buy a car

However, if Emily were to keep her car for an extended period or drive excessively, buying might have been the better option. Ultimately, the decision to lease or buy depended on her individual circumstances and priorities. After weighing her options, Emily decided that leasing