Reply To: car troubles

Habochur,”Leasing is for ppl who have the mishigas of always driving late model cars. There’s no reason why you can’t buy a car and have it last for more then 3 years”

Not true. People want to drive a new reliable car without any problems. Ya you could get a used car to last for more than 3 years but you think you won’t have to invest a dime for mechanical work? Most used cars constantly need fix ups and maintenance. Not to mention when you buy a used car from someone you have to pay the whole sum at once. It might already be the same as the whole 3 year lease deal and youre still taking a chance with the used car as it’s likely you will need to invest more money to keep it going.

Assuming you get lucky and you get a used car that will last more than 3 years without major mechanical investments, and all you need is a simple car for driving, then ya it’s worth more than leasing in the longrun. But who’s guaranteeing you that?
Besides many times there are deals on leases such was $99 a month for Nissan Sentra and only 1300 up-front, it’s really not a lot of money at all for driving a brand new car for 3 years. Insurance is a little more than an old owned car yes, and you are taking a chance on end of lease fees especially if no waiver, but if it works out then that’s a great deal for 3 years of worry free driving! Even with all the fees it might still be cheaper than having to constantly fix an old car. Aside for the aggravation. Or it might just even out. So then it’s up to what you prefer to drive.
True that a purchased used car will be yours, but sometimes you might not want it to be yours anymore with all the issues.