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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The most financially prudent advice is to buy used (ideally 2-4 years) with cash and run into the ground.

If you do not want to tie up the cash, I would recommend taking advantage of falling used car prices and seeing if you can score a deal on a 2014 or 2015 model and then financing it with a credit union or internet lender (they tend to have the lowest rate on used).

For your reference here is what is going on in the used car market (glut of supply) and dealers are supposedly cutting deals:

https://www.edmunds.com/car-news/auto-industry/its-a-buyers-market-for-used-cars-edmunds-report-finds.html

[/quote]

OP here -- it's interesting because our dealership called and asked if we can turn our leased car in now - 4 months before the lease is up) because they said it's in high demand. [/quote]

OP, the same is happening to me right now--they do that to everyone, because they want to make sure they lock you into a new lease before you start considering your options.

I leased my current car three years ago and kind of wish I hadn't. But it was in a major accident and now I'm relieved that I just get to turn it in and walk away, and not have to worry about impending problems with the car later down the line, or selling it when it doesn't have a clean carfax.

I'm buying my next car though. [/quote]

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