Leasing a car: Pros vs. cons

Published On: Nov 03 2013 08:56:01 PM EST   Updated On: Nov 04 2013 05:40:00 AM EST

The commercials are everywhere – automakers are rolling out new models and dealers are trying to get you in the door. You may be tempted to update your ride, but is leasing right for you?

Auto experts say a brand new car can depreciate in value by up to 20 percent as soon as it's driven off the lot.  An alternative to combat a new vehicle’s falling vale is by leasing.

Leasing basics

Angie’s List asked highly rated car dealerships about the top reasons to lease.

Reasons to lease:

Reasons to buy instead:

Angie’s List Tips: Before you lease