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[quote=Anonymous][quote=Anonymous]We are also debating leasing vs buying.  We own our car outright and the dealership said we should expect 2-3k a year in repair costs.

We could lease a new 3 series for 3k down and 300 a month.  So for around 1,500 more a year we could drive a new car and not face any repairs or maintenance costs.

I understand how some think buying is better financially but at the end of the day it seems both options suck.  When you buy you're investing in a depreciating object.  You face repairs on a car, especially the older it is.  When you lease you're just renting a car but avoiding the maintenance costs.

I'm at a loss as to what to do.  [/quote]

We lease a 2015 3 series we got in 2014. We put zero down, 12k miles yearly, and we pay about $360 per month. I decided to lease a BMW because I was coming off of a Mom car and wasn't sure how I would feel driving a sedan after 20 years of SUVs. Love it. It is very comforting not having to worry about even oil changes, everything is covered. After driving old, paid off cars for so long, I can definitely see the appeal of swapping out cars every couple of years and never having to worry about reliability.[/quote]

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