Is it better to lease or buy?

Leasing offers lower monthly payments and newer cars, but buying is usually cheaper long-term since you own the asset.

What are the disadvantages of leasing?

Mileage limits, no ownership equity, potential fees for wear and tear, and continuous payments with no end date.

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Is it better to lease or buy?: Leasing offers lower monthly payments and newer cars, but buying is usually cheaper long-term since you own the asset.
What are the disadvantages of leasing?: Mileage limits, no ownership equity, potential fees for wear and tear, and continuous payments with no end date.