Suze Orman Calls Car Leasing The 'Biggest Waste Of Money' And Advises To Buy Rather Than Lease [Yahoo! Finance]
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Source: Yahoo! Finance
During her November appearance on the show, Wallace asked Orman whether it was better to lease or buy a car and told her that he leases a car. Orman did not hold back, telling Wallace why she believed leasing a car was not a good use of his money. Instead, she believes that buying the car is the better option. Don't Miss: 82% of Americans aren't using this government secured 5% passive income stream , are you one of them? Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you "Leasing a car is the biggest waste of money out there," she said. "If you keep it the entire time, [for] the life of it, if you take good care of it, [you will save money]. My car is going to be good for another five years. I just think it's better to buy." This isn't something new from the finance guru, who has reiterated her stance on buying over leasing vehicles over the years. In 2018, Orman appeared on CNBC's financial show "Make It" and explained
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