Buying vs. Leasing: Is It Better to Buy or Lease a Car? (Infographic)

​When you’re looking for a car and you go to a dealership, you have a couple options. You can buy the car, where you pay the full price with cash, or take out a loan which you pay back over time. You can also lease the car. Leasing is somewhat like a long-term car rental. You have monthly payments and after a certain period of time, usually three years, you return the car. There are some other differences too. Check out the infographic below for differences between buying and leasing a car. (Click to enlarge.)