Cheaper To Lease — Or Buy

Leasing is almost always cheaper on a month-to-month basis because you are only paying for the vehicle's during your term, rather than the full purchase price.

Leases typically require smaller down payments (often $3,000–$5,000) compared to the 10–20% ($5,000–$15,000) often recommended for a purchase.

Buying remains the superior financial move if you plan to keep the vehicle for . Lease vs Buy a Car: Which Saves More? | Vantage Auto Group

In early 2026, the average lease payment was approximately $596 to $613 , compared to $748 to $767 for a new car loan.