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Spending - Head Matters


2. Means of Purchasing

b. Leasing

Leasing is probably most common in cars and housing. The interesting thing about leasing is that you’re not really buying the item at all – it’s more like you’re renting it but taking on the responsibility of owning it. Basically, that means that you get to use the item and if something happens to it you are often responsible for repairing it. At the end of the lease term, you give the item back to its owner.

Lease vs. Buy

Should you lease or buy your car? Use this calculator to find out! We calculate your monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you.

College In Colorado
1560 Broadway, Suite 1700
Denver, CO

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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