I am a recent college grad with a salary around 48k/yr at a very stable job.
When I began college my father leased a 2013 Hyundai Sonata for me with a 208/monthly payment. My lease is about to be up in January and I need to find a new car.
I want to be completely independent and thus need a car, on my own. I don't need anything fancy, just something that can get me from point a to point b.
I have never purchased a car but most of my older friends always recommend that I buy a used car instead of taking a lease on car.
Should I try to lease a similar car and hope I can negotiate for the same Payments
Buy a used car.
If the answer is it depends, then can some one provide what factors should I consider before I make a decision.