Owning a car in today’s financially hard times is a very daunting task for most people because it is not very often that people have all the cash to buy a car. However, several options are open for people in different financial positions. Say you go to a car dealer and he or she asks you what kind of car financing that you want; your answer will most probably be either car leasing or auto loan even though the option of paying cash for the car is still open. One thing to note here is that your choice will of necessity have significant implication on your financial status for some years to come. It is therefore very important that you make your decision very carefully. Read More…