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Optimal Finance Daily - Financial Independence and Money Advice

2718: What are the Best Reasons to Lease A Car? by Vicki Cook and Amy Blacklock of Women Who Money

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 8 May 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2718: Leasing a car often appeals to those wanting new technology and safety without the financial burden of buying. Vicki Cook and Amy Blacklock explore practical reasons like lower monthly costs and minimal repair responsibilities, revealing why leasing, despite its drawbacks, can be an attractive option for modern consumers. Read along with the original article(s) here: https://womenwhomoney.com/best-reasons-lease-car/ Quotes to ponder: "Leases are an attractive option because payments average over $100 less per month than finance payments on a new car purchase." "Since a vehicle lease is usually for three years, it's always under warranty, so significant repairs and costly maintenance is generally avoided." "If your budget can’t support buying your dream car and you aren’t willing to scale back or buy used, leasing may be a better option than purchasing." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:04.7

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0:26.6

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0:29.4

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0:36.0

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0:39.0

This episode is brought to you by Oracle.

0:42.0

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0:42.5

AI is storming every industry,

0:44.8

but how do you compete without costs spiraling out of control?

0:48.3

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0:53.0

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1:00.0

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Take a free test drive at Oracle.com slash Spotify.

1:10.0

This is Optimal Finance daily episode 2718.

1:13.9

What are the best reasons to lease a car?

1:16.6

By Vicky Cook and Amy Blacklock of Women Who Money.

1:21.2

And I'm your host and personal finance enthusiasts, Diana Meriam.

...

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