Buying a car ( leasing and financing)

Leasing and financing

Leasing vs. Financing

Leasing Mazda

Low monthly payments 

Pay tax on only monthly payments 

Flexible terms 

Year 2014 Mazda2

Starting at 14,450$

Car cost(20,000$)

The differences I noticed

I noticed that the rates for finance are better then to lease the car.

The leasing rates on certain cars are not to bad.

Lease

1.29 percent

You would pay a total of 400$ in interest 

Over 3 years for a 20,000$ car (Mazda) so you would be paying 20,400$

Finance

There is 0 percent finance rates up to 72 months

So you would just be paying the cost of the car which is 20,000$

What option I prefer (lease or finance)

-The option that I would prefer would definetly be the finance because with the website I went on for a Mazda2 there is 0 percent annual rate up to 72 months so you would be paying no interest which is really awesome so all you have to worry about is paying just he cars cost and no interest.  In this situation financing the car would be better then leasing because your paying no annual rate. Also you own the car which is a lot better then leasing it.