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INTERVIEW: Should You Buy or Lease a Car?

When we look to get a new car, leasing is always an option. But is it the best one? 

KSTP sat down with Skip Johnson, of Great Waters Financial, on Sunday morning to weigh the possibilities.

Traditionally, buying has been the wiser option, Johnson said. But leasing with its low money down and low payments can make sense for some.

If you keep your car in immaculate condition, buying can make sense because you can get a great resale value, Johnson said. Ultimately, the best option is on a case-by-case basis.

Minneapolis/St. Paul

Broken Clouds
81°
82° | 65°
  • Feels like: 81° F
  • Wind: WNW 10mph
  • Humidity: 36%
  • Fri Times of sun and clouds
    83° | 65°
  • Sat Plenty of sun
    85° | 65°
  • Sun Plenty of sun
    87° | 67°
  • Mon Chance of showers
    82° | 65°

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