Reply To: Car Lease

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#1545765
icemelter
Participant

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

-yes but you can buy a used car and it might last a year without issues and then you have to invest money for it to run and if it totally breaks down you are also left with nothing.

In a way you can think of a lease as a very inexpensive long term rental. And you get to switch out cars every few years. Question is if its worth more to finance a new car. How long would it last in comparison to how many cars you could have leases in the same amount of years?