News Summary: Tips on leasing a new vehicle

(AP) - LEASING'S APPEAL: Auto leasing has its benefits, especially if you want to drive a new car every couple of years while keeping monthly payments low.

KEY DIFFERENCES: Experts say a lease will be more favorable for drivers who are looking to save money in the short-term. But in the long term, buying is considered a better investment.

SOME TIPS: Don't forget to haggle over the price of the car when leasing, and keep the contract length to three years or less. Longer lease terms can expose you to having to pay for repairs.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Top Stories

  • Black Market
    Despite legalization, 'business is good' for Seattle's illegal pot dealers

  • Rush Job
    KIRO Radio's Jason Rantz learns the SDOT's right-turn ban on Dexter was rushed

  • Endangered
    Some of the most beautiful animals in the world are disappearing from Washington
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.