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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] Most leases do not include maintenance costs. You'll be under warranty for most of a lease, but you'll still pay day to day maintenance. [/quote]
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