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• Build equity
• Drive as many miles as you want
• No wear and tear charges
• Carry lower limits for auto insurance than with a lease (See your insurer for actual quotes)
• Customize your vehicle (though this may invalidate portions of your warranty)
• Sell, trade or transfer title whenever you want
• The potential to get a better equipped car than you may be able to afford if purchasing
• Enjoy a new car every few years
• Pay for only the portion of the car's life that you use (which means lower payments)
• Receive tax benefits if used for business (depending on the lease, state and taxes)
• Spread applicable sales tax across monthly payments (varies by state)
• Enjoy end of lease options: you can buy the car, lease another vehicle or explore other choices.