Should a retired person lease and auto rather than buy?

Leasing an auto can be a good option for a retired person if they prefer lower monthly payments and the flexibility to drive a new vehicle every few years. It often includes warranty coverage, reducing maintenance costs. However, if the retiree drives a lot or plans to keep the car long-term, buying may be more cost-effective. Ultimately, the decision should depend on their financial situation, driving habits, and personal preferences.