It really doesn’t make sense to lease a car in your situation. Here’s who should lease:
1. Those who can “write off” a portion of the lease payment as a business expense.
2. Young people who want to drive a flashy, or more expensive car but can’t afford the payments to buy it!
At the end of the lease, typically 3 years, you return the car — and have nothing to show for it but a pile of “cancelled checks”!
But if you buy the car — either for cash or financing it — you will own a fully-paid car in a few years, and can drive it for many more years.