Do you lease or buy?

[captain]

I Voted "lease" - for my car.

Here is Australia, you can Salary Sacrifice on your salary PRE-TAX if you lease a vehicle, plus I do huge mileage everyday, so I took out a lease that allows that.

My lease is up next year, and I have elected a lump sum payment at the end - which is so small, that I know if I wanted to sell it, I would make almost triple what I paid.

Plus, it has been great for me with Tyres, Petrol (what, with the price going up here all the time, and all the incidentals)

However, all previous cars, and my husbands business cars have been bought.

I can see the benefits from both sides

[pnance]

I voted buy. Mileage alone would kill me, I dirve 80 miles a day just to work, besides I'd rather have something to show for the money I've paid at when I'm done. My mom has leased her last couple of cars and 8 year later, she's still paying the last one off, since she decided on a lump sum payment to buy it after the lease ran out.