Finance

Nancy Vigran|Updated Aug 21, 2014

Many years ago, when you needed a new car, you bought one. There was no such thing as a private lease. In more recent years, leasing has become a popular option. But it is not for everyone. “There is a very narrow group of people for which a lease is advantageous,” said Michael Manning, general manager of Jim Manning Dodge, Chrysler, Jeep, Ram in Dinuba. “Leasing is very rigid,” Manning said. If know you will drive a limited number of miles per year and you like to pay a fixed amount per month, and know that repairs will be...