There has been much debate over leasing an auto. Raymond, an old neighbor from Nebraska, has been paying for his leased car over the last 10 years. He confessed it was more expensive than actually getting auto loans, but as an ordinary dental assistant, it was the best mode of financing cars for him. Any auto loan would have saved him more wads of benjamins, but there's always the idea of varying interest rates over time. Also, the car doesn't always have several years of warranty as opposed to leasing it.