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Mastering My Debt - Auto Lease vs. Loan


Mastering My Debt, a provider of web-based debt elimination programs has announced the formation of a new “Auto Lease vs. Loan” calculator that will enable you to make informed decisions before securing your next vehicle.

In the spirit of full disclosure, Mastering My Debt is an advocate for owning a vehicle vs. leasing or taking a loan for one. Mastering My Debt fully understands that in today’s economy many employers are cutting fringe benefits such as company cars and auto loans are harder to obtain.

The upside for the buyer is that the auto market is in the worst condition it has been in decades. People are looking for value and they are willing to wait to see what happens next before making a large purchase. The big three and foreign manufacturers are doing everything but giving their cars away. If you can afford to pay for a vehicle outright there are substantial bargains to be had. However, for the rest of us, this market presents a terrific buying opportunity as well.

Personal circumstance typically dictates whether you should secure a loan or lease your next vehicle. Such circumstances include the ability to write off the vehicle on your tax return, the number of miles driven in a year, and loan interest rates.

Mastering My Debt ( has posted a new calculator that will enable a complete comparison of leasing a vehicle vs. taking a loan for one. Every variable in this calculator can be modified and there are smart links for current vehicle pricing, loan interest rates, and the residual value of a car. In today’s market you can not afford to simply guess at what might be the right thing to do. Master your decision by calculating the difference and make your next car buying experience an informed one. provides an array of free financial services. The tools provided on Mastering My Debt are not to be used instead of a financial advisor but are a proven enhancement providing clarification and knowledge. Many professional counselors purchase identical programs, customize the financial information, and provide them as part of their consultation. By obtaining a free debt elimination report from Mastering My Debt, you can frequently tailor a roadmap to financial freedom.

Since it was founded in 2007, Mastering My Debt has provided financial programs, calculators, articles and news through the selling of advertising. Financial tools are utilized by industries such as mortgage, automotive, real estate and financial services. There is no need to sign up for a service or provide a credit card number or other specific financial or personal information.


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