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A. This could be the right answer for people who don't qualify for leasing. You can possibly get similar loan payments on a good late model used car. Just be aware that you have higher risks of up front problems (always have a mechanic check a car over before you buy), higher maintenance costs (due to having no warranty, or having to purchase an extended warranty), and higher loan interest rates. Make sure you get the VIN number off the vehicle before you buy and check its history at CARFAX Vehicle History Reports. For more details, see our Used Car Advisor website.
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I've read the Lease Guide and decided that leasing in not for me, but buying a new car is too expensive? How about buying a used car?
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