Personal Narrative: A Car Vs. Buying A Car

Lease or Own A Car

Buying a car and not taking a lease car was the first decision I had to make when I arrived in Michigan. When I arrived in Michigan, I realized that the way of transportations is very limited. I could not get to a bus or taxi in an easy way especially when I didn’t have a bank account at that time. If I needed to go to a certain place, I had to ask people to help me get there. Most people were not able to offer me a ride due to work. I had two choices to decide, one of them was to buy a car and the other was to lease one. Therefore, I decided to buy a car. Even though it is more expensive to purchase a car by putting the amount of money down than to lease. However, the insurance is less. In addition, I am able …show more content…
Furthermore, I was worried about the damages that could occur on the car during the period of owning the car in case of an accident. If I had leased a car instead of buying, the insurance could be much higher. Also, constantly being worried of not going over the mileages designated to the leased car in order to not getting charged any extra fees for each mile beyond the limit given by the contract. Being low on budget was a problem especially if I had a problem with the car, the company will not repair it for me. Buying the car was more effective for me because I can sell it whenever I want. I am not afraid of scratching the car or getting a car accident. I did external research before buying the car by going to different websites and asking different people about which choice they prefer and why. I got different answers to my question, but the final decision was mine. Which I picked the choice that worked for me the most and that can help me prevent losing money. I learned that if I am a safer driver or fast driver that will not matter because no one can predict what will happen in the future. Also, I learned that I can save more money by buying the car and selling it than leasing a car and return it