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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

Few Clouds
4°
22° | 13°
  • Feels like: 4° F
  • Wind: S 3mph
  • Humidity: 76%
  • Sun Morning clouds followed by afternoon sun
    25° | 11°
  • Mon A few clouds
    27° | 18°
  • Tue Snow
    30° | 24°
  • Wed Considerable cloudiness
    12° | -1°

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