To lease or to buy is a dilemma faced by almost every potential car user. Both the options seem lucrative in their own regard. However, to get a financial perspective on the two choices, you need a deeper understanding of the terms leasing, and buying. When you compare the financial and tax benefits in both scenarios, you come to a conclusion that both have their own advantages and disadvantages, and hence, the decision to opt for one, has to be made very consciously.