Is It Cheaper to Buy or Lease a Car?

And, how to avoid 17 pesky travel, dining and shopping fees. Created for {EMAIL} | [Web Version]( September 4, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Instagram ]( [Youtube]( [SIGN UP](format=multipart) ⋅ [WEBSITE]( [] INTRODUCTION [] [Stepping Into When It’s Best to Lease a Car]( Car prices are [starting to climb down]( from the huge increases seen during the pandemic when supply chain interruptions made new cars scarce. The higher prices caused more people to lease cars instead of buying them. Vehicle leasing is typically used by people who want to drive a new car but don't want to pay a high up-front cost for purchasing a vehicle. Wealthy individuals choose to lease to preserve cash for other investments. Understanding your options between buying and leasing a car can save you money. Kiplinger contributor Sarah Brady tells [how to weigh the costs of leasing vs buying a car]( and tips to lower the purchase price if you decide to buy. - Donna LeValley, personal finance writer [How to Develop a Dividend Reinvestment Strategy]( Generate $2,000 a month in dividends with a private REIT, specializing in industrial properties. This fund offers a path to create passive income using dividends and compound interest. With 250k at 10% APY discover how to yield $2000/month to help you reach your financial goals. [READ MORE]( ADVERTISEMENT [] HOW TO GET THE LOWEST MORTGAGE RATE [] [5 Ways to Shop for a Low Mortgage Rate]( [5 Ways to Shop for a Low Mortgage Rate]( (Getty Images) If you can’t wait for expected Fed rate cuts to materialize to buy a home — we can help you find a cheaper mortgage rate now. Here are [five steps that can help you score a low mortgage rate](. [] HOW TO SHOP FOR AN ANNUITY [] [5 Questions to Ask Before You Buy an Annuity]( [5 Questions to Ask Before You Buy an Annuity]( (Getty Images) Annuities are a way to create a stable source of income during retirement. But they are not without their drawbacks. Unlike stocks and bonds, annuities come with contracts that can make or break their usefulness in your retirement plan. Fees, rates of return and performance guarantees will determine if an annuity will pay off for you in the future. Here are [five questions you should ask before you buy an annuity](. [This Billion Dollar Startup Wants to Help You Retire]( This Princeton grad's startup raised $161 million to help people plan for retirement. If you're one of the whopping 110 million Americans over the age of 50, or wisely planning ahead, SmartAsset's no-cost tool can help match you with up to 3 vetted financial advisors. [Learn more]( ADVERTISEMENT [] HOW TO AVOID COMMON FEES [] [17 Pesky Travel, Dining and Shopping Fees and How to Avoid Them]( [17 Pesky Travel, Dining and Shopping Fees and How to Avoid Them]( (Getty Images) I thought I had seen it all when I found a separate “college fee” on a university tuition bill. Well, inflation fatigue has made people weary of higher prices and fees. After all, levying fees is an easy way for companies to raise revenue without raising prices. Here’s how you can [avoid 17 common fees you encounter when traveling, dining out or shopping.]( [Your IRA, made to order]( Choose where and when you want to retire, and a Betterment IRA can help make your money hustle all the way there. [Learn More]( ADVERTISEMENT [] OTHER KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [When is the next jobs report?]( Learn what our investing expert expects when the next jobs report is released this week. 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Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. 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