Reply To: Car Lease

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#1545744
jakob
Participant

Don’t lease. You pay more each month and end up with nothing at the end.

Of you can’t afford a used car then save up money for a few months until you can afford it otherwise but it with financing which is still costly but much better then leasing a car and ending up with nothing

Hatzlacha

Note: sure buying a home cost tons and requires a mortgage which accounting says at the end of 30 years a person pays approximately DOUBLE the amount he bought the house for.

So if you don’t NEED to buy a house now it might be wiser to save up money and wait longer and then when you need it have more then the minimum %20 required to buy the house
Versus buying now as a young new couple with just the minimum needed to close and pay DOUBLE what the house is bought for.

Hatzlach