Different people have different views on different matters. Car leasing is no exception. While some people prefer an outright purchase, some will for sure go for a 1 year car lease. Those who are for an outright purchase will argue the merits of having cars of their own, while those who vote for the leasing will argue on having money with them while using the same car.
Buying a new car is good and you will enjoy the pride of having your own new car, but that will be short lived. After one year it won’t be a new car any more. Then you will be using an old car. In another couple of years you will be faced with a few break downs too. You need to spend on spare parts as a consequence. With a 1 year car lease your car will never become old. After one year you can return the car. The leasing company will give you the option to purchase the car at a lower cost. You can purchase it, lease it for a lower monthly fee or go for the lease of another new car. When you purchase a new car, the only option you have is either continue with it or sell and go for another new car. Buying a new car is going to be expensive as you cannot dispose of your used car for a good price. With all these it appears that a 1 year car lease has the edge over an outright purchase.
