Reply to Is i stupid to lease cars?

Forum Index » Money and Finances

Reply to "Is i stupid to lease cars?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Most leases are 3 years.

If you like a new car every 3 years then it’s cheaper to lease.

If you keep cars for 9+ years it’s much cheaper to buy, but you are driving a 0-9 year old car instead of a 3 0-3 year old cars.

At 6, buying is a little cheaper. But you could have had 2 cars instead of 1. I keep my cars so I buy, but I would lease if I kept them less then 6-7 years.[/quote]

Yeah I need to convince my husband of this. We bought new cars in the fall of 2017. Then he got convinced by the dealership to trade his in for the same monthly payment on a new one. Then he hit a deer and totaled his car and because it was a new luxury car, it was not a total loss and he had to wait months for it be repaired only to get a car that was never quite right back.

Meanwhile, we are months away from paying off my car, and my husband seems overly excited about not having a car payment for someone who clearly should just lease.

I've said, please just lease if you're going to get a new car after 2 years. I think there's a disconnect between who he imagines himself to be (frugal!) and who he really is (likes shiny new things). And this disconnect is losing us money.

It's the same thing with iPhones. He can barely wait 2 years to upgrade his. Meanwhile I keep mine forever. Buying your phone a new case and giving it a good screen cleaning fixes the "wah my phone is old" blues. Same thing with your car . . . get it detailed.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics