Lease vs buy?

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[Post New]09/11/2021 08:46
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Anonymous
If you lease or buy a car why?

[Post New]09/11/2021 08:48
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Anonymous
Buy, we keep cars for a minimum of ten years
[Post New]09/11/2021 16:32
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Anonymous
I buy and generally keep them at least 5 years. My wife leases because she always wants a car that’s under warranty.
[Post New]09/13/2021 11:40
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Anonymous
Buy, because we buy reliable cars and keep them for ~8 to 10 years.

I think too many people obsess about never having a surprise $900 car repair bill, yet to accomplish that they take on a lifetime of $500 monthly car lease bills.

I would only lease a sexy-but-unreliable car that I wanted to enjoy for 36 months and then turn in before it turns into a reliability nightmare.

Also, a few years ago certain companies like BMW used to offer really compelling lease deals...to the point where if you did your negotiation homework a lease could often come out to be a better value than a purchase. Now with the global car shortage, these insanely discounted lease deals have essentially dried up.
[Post New]09/13/2021 19:40
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Anonymous
We leased our EV bc the technology is so new.
Previously, we have always purcahsed.
[Post New]09/13/2021 19:46
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Anonymous
Buy, we keep them till they die (12-20+) and financially it makes more sense to buy.
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