If you’re in the market for a new car, you shouldn’t even consider leasing one, according to financial expert and bestselling author Suze Orman.
“I personally think you should never, ever ever ever, lease a car, do you hear me?” Orman tells CNBC’s “Make It.”
So why shouldn’t you lease a car? Orman explains that when you lease, you are spending a considerable amount of money every single month with nothing to show for it at the end of the day.
“If you rent a car, you’re going to rent a car year in and year out,” she says.