I used to be wholly against leasing, but that was when I didn't understand how it works.
When I went to trade in my Cavalier after three years I found myself wishing I had leased it instead, because it had depreciated faster than the financing payments (even at 0%) so it was worth less than I still had owing on it and it cost me money to trade it in.
If you're going to keep a car for a long period of time, then buying is probably the best option, but if you're only looking to keep the car for a few years, leasing is actually a pretty good option as well.
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