1. Long term ownership is only as good as the maintenance and treatment of the first owner. This brings me to point two.
This is an argument for deciding between new or used, not between buying or leasing — which can be new or used in either scenario.
2. Why buy someone elses headache. More often then not owners fail to do the basic standard maintenance till the car is worn down.
Same response as point 1. And in fact most car owners DO take proper maintenance care of their owned vehicles. (Unlike lease holders.)
3. Leasing a car may actually make economic sense because the monthly payment is usually cheaper then financing a comparable vehicle.
Perhaps, but if you finance you own the car, you can then sell it – or better yet continue using it without ANY fixed monthly costs after the financing is paid off. At the end of a lease you do not own the car and must return it.
4. There is usually a “deal” of some sort for the type of vehicle most people look for.
This is true for both buying and leasing.
5. Chances are most people who cant afford to lease probably don’t have the cash to pay for a reliable and well maintained used car.
It cost much less over the long run to buy used, so if someone is economically disadvantaged they would be better buying.
6. Wear care cost can usually be avoided/or lowered, if the owner doing basic repairs before turning the car in.
With outright ownership you avoid this issue completely. You have nothing to turn in.
7. I would look around the neighborhood and see who people lease from and call around/ ask those neighbors what their experience was. A good leasing company isn’t about “best price” it is also about responsiveness, understanding what your needs are, and answering your questions. Price, is just one factor but it doesn’t tell you much about your future experience.Also, advertisements cost money, whom do you think that money is coming from?
Good point. Used cars are advertised much much less heavily, therefore allowing them to be sold without the owner needing to recuperate advertising costs.