Cayla Craft
Cayla Craft
To Buy Or To Lease A New Car? Which Is Better?
To Buy Or To Lease A New Car? Which Is Better?
To Buy Or To Lease A New Car? Which Is Better?
Friday 30th September 2022
Cayla Craft breaks down the pros and cons of leasing vs. buying a car to help you decide what's best for your budget and lifestyle.
16 minutes
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Author:
Cayla Craft
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Categories:
Entrepreneurship for Personal Growth
Body & Mind
Spiritual & Personal Growth Journeys
Sobriety Success Stories
Parenting & Children
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Get the buttons here!Leasing vs. Buying a Car: A Practical Guide from Cayla Craft
So you need to focus on purchasing a car or leasing a car based on your needs, and you can only do that by being honest with yourself.
Ever found yourself torn between leasing or buying a new car? You're not alone. In this episode of 'Mommy Millionaire', Cayla Craft breaks down this common dilemma with her usual blend of wisdom and personal anecdotes. As someone who has navigated the highs and lows of both options, Cayla offers a balanced view to help you make the best choice for your situation.
She kicks things off by explaining what a depreciating asset is and why it matters when deciding on a car. From there, she dives into the benefits of leasing, like lower monthly payments and the chance to drive a fancier car than you might otherwise afford. But she doesn't shy away from the downsides either, such as mileage limits and potential fees for early termination.
On the flip side, Cayla outlines the perks of buying a car, including ownership and the freedom to drive as much as you want. However, she also points out the higher monthly payments and the fact that cars lose value over time. To make the decision easier, Cayla suggests asking yourself some key questions: How much can you afford each month? How long do you plan to keep the car? Are you good at maintaining your vehicle?
She even shares her own experience of selling a luxury car to invest in something more practical for her lifestyle. This episode is packed with practical advice and real-life examples that will leave you feeling more confident about your next car decision. Whether you're leaning towards leasing or buying, Cayla's insights are sure to provide clarity and direction.