I have heard the argument that leasing a car can be better/is the smarter method for buying a car. I always thought it was smarter to pay lump sum so you didn't have any payments (a la Dave Ramsey). People say that it is a bad idea to pay lump sum on an immediately depreciating asset (in this case the car). Can someone give me an example of how having monthly payments is the smarter way to go about paying for a car? Don't monthly payments meant that in the long run you are paying more thanks to interest?
Edit: What about financing payments vs lump sum if you plan on buying? I've heard people say having monthly payments is the smarter way to go
Submitted July 15, 2018 at 01:31PM by goosebill https://ift.tt/2LbZuyK
