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Cars and Transportation
Reply to "Car Lease - 45K car - zero down?"
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[quote=Anonymous]We own a minivan and leased a second car. (Honda) WIt's young kids, we weren't sure if we might want our second car to be a bigger one eventually, though for now we just need it for commuting. Leasing made sense in our case -- we are also super low mileage. We figured out thought that leading really isn't such a bad thing financially. Of course it costs more in the long run than buying, but you get a new car every three years, the car is always under warranty, and you never have to change the tires. So you save a lot of time that you'd otherwise spend on repairs, tires, and other maintenance. Also -- I've seen that cars are coming out with great new safety features -- lane watch in all Hondas, for example, and mandatory rear view cameras in all cars. It's nice to always have the new safety features. Of course, if you lease an expensive car, the residual value will be lower and you will ne paying more for the pleasure of driving a luxury car. But that's the case of you buy too. [/quote]
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