When choosing on whether to buy a car or lease a car you need to consider some points regarding your financial situation, lifestyle and preferences. Leasing a car is likely to be a lot less on a monthly basis than buying one, but by the end of you, you still do not have ownership of the vehicle.

If like me, you get bored and you like the idea of driving a new car every two to three years then leasing could be for you.

When it comes to leasing a car, you can still try and haggle to get the price down. Often you can get a good chunk of money off the monthly cost saving you a small fortune over the three years.

Leasing can be hassle free motoring with many companies offering leasing packages that include all services and tyres etc., some even include insurance.

The downside to leasing is that if there is any damage on your car when you return it, you may be left with a large bill to cover it. This can be disheartening when you have nothing to show for it at the end of the lease.