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All UFCU locations will be closed Monday, October 9, 2023, for the National Holiday. We will resume normal hours October 10. Read More
To lease or not to lease? This can be a fairly controversial topic that elicits some pretty opinionated feedback. Some people say it’s simply not a good financial choice. Others are committed to leasing and do so every few years. The truth is, it’s a personal choice you should make based on your own personal preferences and financial goals. Let’s take a look at six factors you should consider before deciding whether leasing a car is right for you:
Give us a call or stop by your local branch anytime to chat with a Personal Financial Representative and learn more.
Ultimately, most financial experts agree that buying a car is the wiser financial choice for the average consumer. But there is certainly a group of folks for whom leasing can be a great financial option that allows for driving newer and better cars for a low monthly fee. Their thought process is along the lines of, I will always have a car payment, so why not drive a newer car more often at a lower payment? Do your research and decide for yourself.
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