Quote:
Originally posted by ThrashersFan
I think Timmy means you should buy something that you can afford rather than trying to lease something that would be beyond your means if you had to buy it and at the end of the lease you have nothing to show for it.
To be honest, I never understood car leasing -- blame it on my desire to own things but I just can't get comfortable with renting a car. Post 9/11, with the new car interest rates hovering around 0%, I don't know why anyone would lease rather than buy. I got a $40k car at 0.9%, will pay less than $1,000 interest over 4 years and have something of value at the end that I can drive for another 5+ years for "free" and still be able to make a few grand in resale or trade-in.
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Because that means driving the same damn car for 5+ years and some of us just can't do that. Once the leather smell goes away, it's time for a new one!!!
Actually, I did have a car, once, for 7 years and it wasn't worth shit on trade in - they never are. Once it's out of warranty, it's history.
