<prompt> Human: Hey guys, thanks for the opportunity to ask a question here. So - lease vs. buy. Here are the basics, and advice would be quite helpful. Lease: 2-year lease and it would cost me about 500month all in insurance, VAT. So it would total to about 12,000 over 24 months. Buy: I could probably get a decent car for 6,000-7,000. What do you guys think is a better option? I would need a car for work, and would have to borrow money to finance the purchasedown payment on the lease. Thanks a lot!  <response>: Do leases make good financial sense? Nope.Honesty, its a personal preference. To me, leases only make sense if youre plan is to perpetually have a payment and always have a newer vehicle. I cant speak to the pricing of vehicles wherever you are in the Eurozone, but in the US you can typically get a car about twice as nice on a lease as the same payment would be to buy obviously depends on down payment to buy and finance. If you just want to have a super nice ride for 3 years, then trade it in and get another super nice ride, leasing might be the way to go. Many car companies will run deals to not have another lease origination fee if you roll over into another lease. If perpetually paying for a car isnt for you, dont lease. Youll spend significantly less buying used than if you pay a lease and buy it out at the end. ESPECIALLY if you go over the allowed number of KM on the lease and have to buy additional KMs a the end.edit - Addition. Do the math yourself, but Im sure youll find that taking a loan to finance a used vehicle will still cost less than a lease. If your objective is to own the car, make sure to look at the lease origination fee, if any maintenance is included, and what the buyout will look like at the end of the lease agreement so that you have a full understanding of the costs involved. 