You've found the right car for your needs and your budget; now it's time to find the right way to pay for it. Should I buy or lease a car? According to CNW Marketing Research, 70.5 percent of people finance their cars; the rest lease (18.5 percent) or pay up front with cash (11 percent).
Each method has advantages and disadvantages, and the recent financial turmoil on Wall Street has complicated things. Ultimately, though, choosing the right way to pay for your car depends on the type of car you're getting, how long you want to own it, how much cash you have and your credit score.
Colin Bird, with Cars.com, offers information that dealers can use when advising their customers on which method is best for their next car purchase. [Read more]The Article Should I Buy or Lease a Car? Or Pay Cash? appeared first on Automotive Digest.