Should I lease a car or purchase one?

Hi Sam, I can’t offer financial advice as to whether a lease, car loan, or private loan will be preferable for your individual situation. Leases have been a great way to get into a late-model car while assisting your tax situation, though you do have to be aware of balloon payments due at the end of the lease term. Also consider the value of the car once you’ve racked up plenty of kilometres up and down the M1 freeway each day getting to Newcastle. I’d suggest speaking to an accountant or financial advisor first.