For most drivers, buying is the more practical long-term financial move, according to Consumer Reports .

Buying or Leasing a Car in 2026: Which Make is Best for You?

: Buying typically requires a larger down payment—experts at NerdWallet recommend 20% for new cars —and higher monthly loan payments.

: You must return the car in "showroom condition" (minus normal wear). Dents or stains can lead to hefty charges at the end of the term.

: Exceeding your limit can cost between 10 to 50 cents per extra mile .