Does the idea of buying a new car at a cost of $25000 plus scare the wits out of you, especially if you have bad credit? Well, you’re not alone. It is the classic quandary that faces each auto consumer out there. Pay money upfront or forego the possession and pay each monthly installment instead? Buy or rent for a new set of wheels? As is the case with each other common quandry, there’s no slam-dunk answer. The short-term monthly-cost of leasing is noticeably lower than the standard payments when purchasing. You just pay for “the portion” of the car’s cost that you use up in the time you drive it. If you’ve got a lot of money upfront, then you can choose to pay the down payment, sales taxes - in notes or rolled into a loan - and the rate of interest set by your loan company.... Read more

The truth about car leasing, especially bad credit auto leasing is that leasing is a choice that’s filled with several pitfalls for the average customer.  Leasing rules don’t call for as much disclosure as when you’re buying a new or used car. This has brought about numerous leasing frauds that pull a fast one on the consumer by making them believe they are into a great deal when, effectively, all they are getting is a bad business deal that only helps the dealer. ... Read more

A lease is a type of agreement that allows you to be able to exclusively use something for a length of time. It is different from buying something as you won’t own it or have any equity in it. Yet leasing is often a more affordable way to get what you want at a given time. It isn’t always the best way to go though or right for everyone. There are many things you can lease but the two most common ones are vehicles and property.... Read more