Why you should never lease a car

November 8, 2019

Jayne Babcock-Staff Reporter

Are you in the market for a new car?  Owning a car is non-negotiable for many people.  It’s a necessity to transport us to and from all the places we go on a daily basis.

But the question is, should you buy or lease a new car?  Don’t even think about leasing one.   That’s according to financial expert and bestselling author, Suze Orman.

That’s because when you lease, you’re pouring in money each month with nothing to show for it at the end of the day. “If you rent a car, you’re going to rent a car year in and year out,” Orman says.

For the complete story and some tips from Suze Orman herself, check out this video from CNBC.