You’ll never be without a car payment because as soon as your lease is up, you’ll have to either buy a car or get into another lease,” Linkov said. “A major downside of leasing is that you’ll have an endless cycle of paying for a car. While all of that might sound appealing, there’s one hard fact about leasing: At the end of the term, you’ll have to return the car because you don’t own it. That means you may be able to drive a more expensive vehicle than you’d normally be able to afford. Monthly payments are usually lower with a lease because you’re not paying for the full value of the car. And third, if you’re working part time in the office and part time at home, you’re not driving as much, so that means you probably won’t exceed the lease’s limits on how many miles you can drive,” explained Jon Linkov, Consumer Reports’ Deputy Auto Editor. Second, you’re always driving a car with the latest safety features. “First, the vehicle is always under warranty.
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