Last week the 3 major OEM’s (FORD, GM, Chevrolet) went back to congress basically begging for another 25 Billion in relief funds so their companies would not fold and go under. Let me break it down like this if you still are not following what I am saying. If you are in the market to purchase a new vehicle, now is the time to do it. Most lease and finance rates are floating between 0-2%. Plus there are huge cash incentives just to take the car off the dealers lots. You can almost walk in these days and cut your own deal.

Are you interested in getting a new car but your not sure if you should lease or finance?

Here is the question on a lot of people’s minds. Should I lease or should I Finance my next car? The answer really depends on what kind of person you are. Let me be a little more specific. If you are a person that likes a new car every 3-4 years then leasing is definitely a good option. However if you are the type of individual that holds your car for long periods of time 5 years or more than financing or purchasing the vehicle right out makes the most sense.