A: Buying a car and driving it until the wheels fall off is the wealth-maximizing strategy. However, leasing requires less out-of-pocket expense in the short-term. You will never have any equity in your car and will always have a monthly payment if you lease. However, leasing can make sense in certain situations; such as if you are cash poor, you are going to replace your vehicle(s) every 2-3 years, can use the car for business purposes and thereby write off all or part of your lease payment, and drive less than 12,000 miles a year. For more, read: Buy or Lease a Car?