Long story short, my car is about to stop being useful in about a month; I can't register it without $1,500 of repairs, and frankly, I'm just not about to drop that on a 1999 Jetta. So, I've been looking into a new car. I bring home about $1,100 per month after taxes, and about 300 of that goes to rent and electricity, my only paid utility. I don't have the cash to buy a car outright, so I'd have to lease or finance. Which option would be better? Leasing seems to be a little less money per month than a financing loan, but there's the disadvantage of never truly owning it, and I'd have to do it all again in a couple years when the lease is up.