Should I Lease Or Buy A Car Quiz

You've finally decided it's time for a new car. But should you buy or lease? This quiz will help steer you in the right direction.

Car lease benefits include:

-You can drive a new car every few years

-Leasing often has lower monthly payments than buying

-There's no need to worry about selling the car when you're done with it

Car ownership benefits include:

-Building equity in your vehicle

-Having the freedom to modify your car as you please

-No mileage limits

Now that you know a little more about leasing and owning, let's dive into the quiz!

1

Do you have a steady income and good credit?

Choose an answer

Yes

No

2

Do you plan on having the car long-term?

Choose an answer

Yes

No

3

Do you like to drive a new car every few years?

Choose an answer

Yes

No

I don't care

4

Do you want the freedom to modify your car?

Choose an answer

Yes

No

5

You drive about this many miles each year:

Choose an answer

15,000 miles or less

16,000 miles – 25,000 miles

25,000 + miles

6

Which of the following statements best describes you?

Choose an answer

I typically replace my vehicle before its factory warranty expires

I have a full inspection done on my vehicle before its factory warranty expires

I don't mind if my car is not under warranty

7

You service your vehicle by:

Choose an answer

Taking it to an authorized manufacturer/dealer service center

Taking it to an independent service center

Performing the service myself

Do you have a steady income and good credit?

Do you plan on having the car long-term?

Do you like to drive a new car every few years?

Do you want the freedom to modify your car?

You drive about this many miles each year:

Which of the following statements best describes you?

You service your vehicle by:

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