Should I Lease?

Scorecard

Here is a simple scorecard to help you evaluate whether leasing makes sense for you. Check the box that best answers the question for you, and your score will appear to the right. When you have completed all the questions, click "calculate" to see whether you should consider leasing.


 

Your score:

How will you purchase the vehicle?

 

Finance

Not sure

Cash

Do you have alternative investments for the cash that would be tied up in a purchase?

 

Yes

Not sure

No

Would you find a fixed monthly payment the most convenient way to pay for your vehicle?

 

Yes

Not sure

No

How often do you like to update your vehicle?

 

4 years or less

5 years

6 years or more

How do you plan to dispose of this vehicle?

 

Sell

Trade in

Keep it

 

Your Total:

Should you consider a lease?*


* 5-7 = Questionable. 8-11 = Worth consideration. 12-15 = Serious consideration