When it comes to acquiring a new vehicle, one of the most significant decisions you’ll face is whether to lease or buy. Both options have their advantages and drawbacks, and the right choice depends on your financial situation, driving habits, and personal preferences. This article explores the pros and cons of leasing versus buying a vehicle to help you make an informed decision. The Basics: What’s the Difference Between Leasing and Buying? Before diving into the pros and cons, it’s essential to understand the fundamental differences between leasing and buying a vehicle. Leasing: When you lease a vehicle, you essentially…