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Is it cheaper to buy instead of lease in 2026?

It depends on your situation. If you plan to keep the car for 5+ years and have access to competitive purchase financing, buying often costs less in total. If you prefer driving a new car every 2-3 years, leasing can be more cost-effective because you are only paying for the depreciation you use. The math changes with every vehicle, rate environment, and driving pattern.

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