Story Main Image
New Podcast Episode: Leasing vs. Buying
Author Image
Certified Financial Education Instructor
Posted September 16, 2020
When you’re in the market to get a new vehicle, you usually have a few options. Some of the options include: leasing new, buying new, or buying used. Each of those options have different benefits and some important considerations. Leasing can be a great choice if you want to switch cars every 2-4 years and enjoy a traditionally lower car payment than buying a new vehicle. Deciding to buy a new vehicle could be a good choice if you plan to keep the vehicle for a longer length of time or if you would like to own your car outright at some point. If newness isn’t a concern and you’d like to get a vehicle at a discount, then buying used may be the option for you.

The latest installment of Wallet Watch, titled “Leasing vs. Buying” is all about weighing your different options when you’re in the market for another vehicle. Would you prefer a new car? Do you drive a lot of miles each year? Do you plan to pass this car on? Will you keep this vehicle for a while? To help talk about these considerations, the Wallet Watch team has brought in an expert, Stephanie, who is the Lending Relations Manager at MSUFCU with a wealth of knowledge on both leasing and buying.

Do you want transcripts for any of our episodes? Email us a request at [email protected] Transcripts offer an excellent way to have a copy of the tips and topics we cover in each episode.

Also, we have a contest! All you have to do is comment under one of our podcast related posts. Be sure to tag a friend and include the title of this episode, “Leasing vs. Buying”.
Story Segment Image
How to Listen:
Spotify: App and Web Player

Apple Podcast: App and iTunes

Podbean: App and Website
Contest Rules:
Chances of winning are based on the number of entries during the contest time period. Only one entry per participant, per episode will be accepted. MSU Federal Credit Union and OU Credit Union employees, board of directors, and their families are not eligible to win.

You may also enter by sending a 3-inch by 5-inch card with your first and last name, address, phone number, and email address to: MSU Federal Credit Union ATTN: Financial Education Department: Wallet Watch Contest Episode “Leasing vs. Buying” 3777 West Road, East Lansing, MI 48823.

This contest runs from August 5, 2020, through December 23, 2020. The winner will be drawn on December 28, 2020, by the Financial Education department of MSU Federal Credit Union, whose decisions are final. The winner of the gift card must agree to sign a release form allowing MSU Federal Credit Union to use their name for promotional purposes for Financial 4.0 and any future MSUFCU promotional materials.

MSUFCU is not responsible for any damage caused to entrants' mobile device due to participation in the contest. MSUFCU reserves the right to cancel the online component of the contest should it become technically corrupted, and the winner will be chosen from all eligible entries received prior to that time.

Winner understands that prizes may not be substituted or assigned.

Entrants agree by entering that unless prohibited by law, MSU Federal Credit Union may use, if entrant is a winner, entrant's name, city and state of residence, photograph, and likeness for advertising trade and any other purposes in any media now or hereafter known without further compensation, permission, or notification. Entrants further agree that the aforementioned parties and all of their respective officers, directors, shareholders, employees, representatives, and agents will have no liability and will be held harmless by entrant for any claim, action, liability, loss, injury, or damage to entrant or any other person or entity, including, without limitation, personal injury or death to entrant or any other person or damage to personal or real property, due in whole or in part. MSUFCU maintains the right to change or modify these rules at any time without notice.
likes 0
comments 1
User Image
Unknown User
Sat, Oct 3 at 02:46PM Like 0 Reply Report