First, your finances. Affordability is clearly key, and should ask, how stable is your job and how healthy is your overall financial situation. The current cost of monthly rent is much lower than the monthly payments on purchases: the only part of the cost of the vehicles used during the year will go to pay.

If you can pay a lot of money in advance, then select the advance sales tax - in cash or rolled into a loan - and interest rates that determine the company's credit card. To buy really gives you a car owner and the feeling of riding is that the shuttle service.

If, for example, want to get into luxury models but can not cash for a purchase that you make a good candidate for leasing.

Contrary to what gives you the option to deposit Grab Bag in advance, you only pay a lower money factor that is broadly similar to the percentage of debt financing. However, these benefits come at a price: terminating the lease early or default of the monthly rent will lead to heavy penalties and can ruin your credit.

You should make sure you at least monthly rental budget for the foreseeable future, at least for the duration of the lease.

Besides the economic aspect, depends on the decision to buy or lease to own lifestyle and preferences. Think about what the car means to you: You're the kind of person who has ties to the car or do you prefer the excitement of something new? If you have a car for more than five years, negotiate carefully and buy the car like to drive.

If on the other hand, you do not like the idea of personal responsibility and prefer to drive a new car every two or three years, then you should rent.

After your transfer agent requirements: how many miles you drive per year?

How well do you know your cars? If you answer: I drive 40.000 miles a year, and now I really want a lot for my car, I dont mind dealing with repair bills, then you are probably better to buy. Leasing is based on the assumption of limited mileage, usually no more than 12,000 to 15,000 miles per year, and damage estimates. If you are not within limits can keep the mileage and the car in good condition at the end of the lease, you can cause serious end of the rental cost.