https://padlet.com/daniel_henri1989/1u38rsqievsl The Differences between buying and leasing a vehicle By Daniel Henri and Connor Johnson en-us 2018-11-29 21:52:31 UTC 2025-03-20 08:52:27 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Manbag.png daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/309881542 Here you will find all the pro's and con's about the differences to buying and owning a vehicle, as opposed to just leasing one.]]> 2018-11-30 17:23:22 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/309881542 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310648943 This website analyses the difference between buying a vehicle and leasing a vehicle in today's current market and the trends of the current consumer looking for a new vehicle. Where as buying used to be the popular option more people have converted to leasing due to convenience and warranty coverage. people have also noticed that in the long run when the vehicle is paid for the value has depreciated so much its not a big resale value. ]]> 2018-12-03 20:45:59 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310648943 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310654283 In this article you will find some helpful advice on the benefits and disadvantages of buying or leasing a vehicle. They give you the Canadian breakdown on this topic. Essentially saying that you will have bill payments for both options but with the buying route there is a point where your payments stop and it now converts into an asset of value that you own. The other option is just continuous so you can get good perspective on your options. ]]> 2018-12-03 20:59:36 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310654283 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310657160 This website gives you a good breakdown of pros and cons to buying vs leasing. It gives an easy to read look at the options. This site gives more of an insight on the individual consumer and whats best for them taking into consideration things like credit score, vehicle uses, and monthly overall expenses. I think this is a good website for the individual consumer to reflect on and compare there own life situation too. ]]> 2018-12-03 21:07:53 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310657160 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310660374 In this video Jeremy gives people for any type of situation the list of pros and cons to leasing or buying a vehicle. Its an unbiased view of the different options and what would be best for the individual consumer and there life situation. Looking into things like monthly payments, long run plans, and what you want to be driving. If anyone had the hope of customizing a vehicle he details why you have to buy the car even if it would be adding value. ]]> 2018-12-03 21:17:21 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310660374 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310661178 Here you can see an illustration of two vehicles and two options, buying vs leasing. We used this picture because along with the images you can see the lists of the pros and cons of each option and easily compare the two too one another. its a good quick pic into the options of buying and leasing and a good reference for anyone to quickly look over. ]]> 2018-12-03 21:20:14 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310661178 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310663130 In this appealing educational video, Daniel defines and explains in depth all the aspects and terminology of both buying and leasing a vehicle in this day and age. He uses a lot of illustrations and pictures to help explain and make each topic very clear and appealing. This is a great video for anyone who is considering a new vehicle and wants all the in depth information so they can make their own decision based on their own preferences, situation and usages for the vehicle.]]> 2018-12-03 21:25:28 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310663130 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310663309 In this video, Rydell focuses more on the leasing side of things. They explain more of the benefits of leasing over buying and what each one means as well as the value projections of each. He mainly prefers leasing because of the low risk maintenance and always driving a new car in its best years. This is opposed to the small benefits and higher risk of the buying option where depreciation and high risk expensive maintenance makes it a less attractive option. ]]> 2018-12-03 21:26:03 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310663309 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310664512 In this image you see a new car in the dealership waiting for a new owner, this is what the common consumer will see and have to decide, do I want to own this car or lease it. They need to consider there own situation as well as that specific vehicle like how long would it take to pay off and what the estimated resale value would be, and weigh that option against a short term lease and new cars more often. ]]> 2018-12-03 21:29:29 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310664512 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310664766 This image shows the option of going with a used car. Some people consider this the best option because unlike the other choices it is generally very cheap and something that can often be purchased up front. This would eliminate monthly car payments but the downside is you have a car that the best years are behind it, it is much more likely to incur high maintenance costs and vehicle breakdowns often these cars are driven to the end of there lives and need to be replaced every few years.]]> 2018-12-03 21:30:11 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310664766 daniel_henri1989 https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310718316 2018-12-04 02:07:11 UTC https://padlet.com/daniel_henri1989/1u38rsqievsl/wish/310718316