What are the pros and cons of leasing a car?

:::♥::Alice in Wonderland:::♥::: asked:

In other words, why do people lease cars, and what are the potential draw backs of doing so ?

Carmax can buy my leased car?

Miyuki asked:

Hi I am leasing a car right now, but I need to terminate this lease due to my personal reason. I called Carmax and they said that they can buy my leased vehicle. But I dont own the vehicle. How does it work? Is anybody went to Carmax and [...]

What are the advantages and disadvantages of leasing a car, as opposed to buying one?

Fatdude427 asked: I may need to get a new set of wheels soon.

Should I purchase a new or used vehicle?

Should I lease?

What would you recommend?

Which choice is less expensive, and is easier in the long run?

When leasing a car what should I be aware of?

Selatson M asked: Im thinking of leasing a car, what contract potholes and dealers scam should I be aware of?

When leasing a new car, how are your payments broken down? Aka where does that money go?

Sane asked: I hear people saying its foolish to lease because you make payments toward nothing, but some of that money must go to the principle or no one would buy the vehicle at the end of the lease.

Does leasing a car rather than buying improve your credit score?

Griffo asked: If I lease a car, rather than owing a balance on the purchase of a car, does that lower my over-all debt and therefor raise my credit score? Please answer only if you’re certain, as I’ve heard speculative arguments on either side.

Leasing, Car Buying Secrets 4, AutoNetwork.

AutoNetwork asked:

Visit www.autonetwork.com for the largest collection of new car introductions. Money saving car buying tips from AutoNetwork. Auto Leasing.