Buying or leasing a car is a complex decision that involves not just the total cost of ownership but also your preferences. Many "lease vs. buy calculators" are available on the Web that let you make the cost comparison, such as this one at http://www.leaseguide.com/leasevsbuy.htm. For a questionnaire that will help you make the decision based on your lifestyle and driving habits, see http://bankrate.com/brm/auto-advisers/br_buyvlease.asp. In general, your monthly payment will be less with a lease than with an auto loan, even if you get zero percent financing on the car purchase. That’s because when you buy a car, you are financing the full price of the car; when you lease, you are only financing the car’s estimated depreciation during the term of your lese. If you plan on owning a car an average length of time and selling it or trading it in after it’s paid off, the cost of leasing and buying is usually bout the same. If you plan on keeping your car for years after your loan ends, it’s cheaper to buy than lease. If you are the type of person who likes to have a new car every couple of years, leasing could make sense. But make sure you understand all the terms and conditions of the lease. If you think you might have to end a lease early, or plan on buying your car when the lease is up, leasing might not be a good idea. For more, see http://www.leaseguide.com/lease03.htm.