The Chartered Institute of Logistics & Supply Chain Nigeria

Is Leasing Car Cheaper Than Buying Apr 2026

If you'd like, I can help you dig deeper into the numbers. Let me know: What are you looking at? How many miles per year do you typically drive?

A car is a depreciating asset, but it still has value. When you sell or trade in a car you own, that money goes back into your pocket.

Once your loan is paid off, you drive for "free" (minus maintenance). This is where the real savings happen. is leasing car cheaper than buying

Since you’re driving a brand-new car, bumper-to-bumper warranties usually cover every repair.

If you plan on driving your car until the wheels fall off, buying is significantly cheaper in the long run. If you'd like, I can help you dig deeper into the numbers

In many states, you only pay sales tax on the monthly payment, not the total value of the car. The Long-Term Winner: Buying

How long do you before getting a new one? A car is a depreciating asset, but it still has value

You want to build equity and eventually live without a car payment. The Bottom Line