The Downside of Leasing a Car

The Downside of Leasing a Car
Cars at the Hertz Rent-A-Car rental lot at San Francisco International Airport, Calif. on April 30, 2020. Justin Sullivan/Getty Images
Tribune News Service
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By Sarah Brady From Kiplinger’s Personal Finance

Buying a new car is far more expensive than it was just a few years ago. In June 2024, the average transaction price for a new car was $48,644, compared with $38,530 four years earlier, according to automotive-research company Kelley Blue Book.