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The Auto Decision

Title: The Auto Decision

Description: This is an intermediate course on the decision to lease, or buy a car. It discusses the benefits and costs of both the leasing and buying decision, then gives a format to compare alternatives.

Difficulty Level: Intermediate. This course is recommended for individuals with some college education.

Time to Complete: To complete this course, I estimate it will take about forty minutes to an hour.

Output: None. However, it does give a spreadsheet on how to compare the all-in costs of buying versus leasing a vehicle give some very specific assumptions on financing (Teaching Tool 22: Lease versus Buy Analysis).

Prerequisites for this Course: None.   The lesson on Another Perspective is recommended before you take this course, as well as the lessons on the Time Value of Money.



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