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Reply to "Is it worth it to buy out a lease?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here I agree, it will probably be smarter long term to buy a lightly used car. With kid activities and gear, I really need an SUV. How do the Lexus SUVs hold up long term. If I tried to find one 2-3 years old?[/quote] Unless you are paying cash, buy a Honda or a Toyota. If you had to lease your last car because you couldn't afford the regular payments, you cannot afford a Lexus, even a 2-3 year old one. Don't be Big Hat No Cattle, or in DCUM lingo "ghetto rich." [/quote] Hey Judgey.....Sorry, but I didn't lease my car because I couldn't afford the regular payments. I like leasing and getting a new car every 3 years. That said, it's not smart financially, so I want to go back to buying. My problem is that the last time I bought a used car (2 years old), by the time the payments were finished the car was having a million problems and I didn't want to deal with it (part of why I liked leasing - low maintenance).[/quote] I don't think anyone should finance any car, except maybe the very first out-of-college car, and even then something basic like a Civic. After that, pay cash or its out of your price range.[/quote]
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