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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
31°
28° | 11°
  • Feels like: 19° F
  • Wind: WNW 18mph
  • Humidity: 67%
  • Fri More sun than clouds
    24° | 15°
  • Sat Considerable cloudiness
    26° | 10°
  • Sun Clouds giving way to sun
    13° | -2°
  • Mon Sunny
    10° | -2°

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