PFT #49 - Personal Finance Tip of the Week: The Residual Value of Your Car and Buying Your Lease Out

<p><span style="font-weight: 400;">This week’s topic is about the residual value when leasing and should and buy the car when the contract is over. </span></p> <p><span style="font-weight: 400;">When it comes to driving a car, the common question is, are you better off buying or leasing?</span></p> <p><span style="font-weight: 400;">On the whole, having two separate leases will cost more than purchasing a car outright. </span><span style="font-weight: 400;">The other question is . . .  Should you buy a car when the contract is over or lease again?</span></p> <p><span style="font-weight: 400;">If you want to save money typically the answer is yes and this is where residual value comes into play.</span></p> <p>Website  </p> <p>https://www.somethingonmymind.net/</p> <p>Merchandise</p> <p>https://www.somethingonmymind.net/shop</p> <p>Social Media </p> <p>https://www.instagram.com/somm.podcast/</p> <p>https://www.youtube.com/channel/UChec5qcZBcGkIhUU3belNDw</p> <p>https://www.tiktok.com/@somm.podcast?lang=en</p> <p>https://www.facebook.com/somm.podcast</p> <p>https://twitter.com/Somm_podcast</p>