When you drive your car or truck, do you ever take into consideration which is more beneficial in the long run? You have two choices, to buy or to lease.

If you find a car you like, it would make sense to buy it because you can get away with more things, changing factory stereo systems, tires, window tinting, interior, aftermarket items, and personalize it so it's more you. It's great to know that you own something too.

However, if you don't want to deal with repairs the last few years of making payments, and love the fact that you can drive something new every 3 to 4 years, then leasing is the way to go. You could care less of being emotional attached to your vehicle, except really liking what you're driving. Some get into leases to get out of the last few thousand their owe on their bought car. If you can drive under the mileage restriction, and don't mind continuous cay payments, then leasing is your forte.

I did ask around about how much people spent on car payments, and discovered a lot of people will just buy because they don't want those payments anymore. Can you think of a few things that you could get with the $350 to $500 that you would spend month to month?