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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think if you're OK with putting money into something you don't own, leasing is a good option. I don't mean that in a snarky way. I haven't leased only because I would never be able to stay within the mileage minimums.

Putting about $2500 down, paying a lower payment, and then handing over the keys 3-4 years later for a brand-new car always sounded pretty nice to me. But the Dave Ramsey DCUMers are really against it.

Leasing is marketed as a limited-income solution to car ownership, because the monthly costs are lower, but it's people with money to spare who should be using it -- what do they care if they don't own a depreciating asset that is 4 years old? [/quote]

If you have “money to spare” and want new cars, it’s cheaper to buy new and swap out every three years or so than lease. We bought a $34k minivan, drove it for 42 months (3.5 years) and traded it in for 26k and got a new $34k minivan. $8k/42 = $190/month. You could not lease nor purchase for that cost.[/quote]

This self-congratulatory, "one size fits all" post fails to mention that not everyone wants to drive a Japanese minivan and getting 26k for a 4yo 34k MSRP car means you got taken advantage of elsewhere in the deal.[/quote]

+1[/quote]

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