Wow $16,XXX+ bucks with probably some other fess as well for 3 years and at the end of the lease you own nothing. No wonder most Americans are broke.
You obviously don't know how leasing works.
Second, you don't have to eat the depreciation.
LOL so who eats the depreciation then? The dealership? You're paying a depreciation through your "fleece". Leasing a car is the most expensive way to operate a vehicle. Its the same as buying a car new and driving it during the time depreciation is at the maximum (the first couple of years) then turning it back in.
http://www.daveramsey.com/askdave/posts/10367
LOL so who eats the depreciation then? The dealership? You're paying a depreciation through your "fleece". Leasing a car is the most expensive way to operate a vehicle. Its the same as buying a car new and driving it during the time depreciation is at the maximum (the first couple of years) then turning it back in.
http://www.daveramsey.com/askdave/posts/10367
Having a new car every 3 years will also keep you poor unless you make big money.Awwww
That's a adorable, you listen to Dave Ramsey.
Leasing is the most effective way to have a new car every three years and minimize the inconvenience of repairs and reselling.
How are you out anything more then had you bought the car and are trying to now sell/trade it in 3 years?
And yes my financial expert, you'll save more money and have more financial independence if you spend $3,000 cash on a 2009 Malibu and drive it for the next 15 years until it rusts into oblivion.
If you haven't noticed, no one buys a Hellcat because they are trying to optimize their financial independence and meet their most minimal basic needs.
Having a new car every 3 years will also keep you poor unless you make big money.
Its amazing to see people arguing that buying something during maximum depreciation time and continually repeating that cycle is a good thing.
I think I enjoy being in my mid 30s with a paid for house, no cars newer than 10 yrs old and a pile of cash in the bank. If you can keep up your lifestyle and stay out of debt more power to you. I envy you.
Then you have the people that believe in leaving something for the next generation or those of us that understand the end of your life can be extremely expensive. If you end up spending the last year of your life in and out of the hospital it can cost hundreds of thousands of dollars easy.different strokes different folks. I know my girl wouldnt be caught dead in a car that's not 2015 or newer. Just depends on the lifestyle you're accustomed to living.
Some people will say 'what good is having all the money if you dont spend it?'
Then
Then you have the people that believe in leaving something for the next generation or those of us that understand the end of your life can be extremely expensive. If you end up spending the last year of your life in and out of the hospital it can cost hundreds of thousands of dollars easy.
As you say different strokes for different folks.
Talk about high freakin' maintenance!I know my girl wouldnt be caught dead in a car that's not 2015 or newer.
Talk about high freakin' maintenance!
U.M.
Talk about high freakin' maintenance!
U.M.
+1 I believe buying brand new cars every few years is an actual sickness unless you own a company and are buying company trucks or are treynor rich. My family is quite well off and we will search for the year old lease returns and keep them for 10+ years.Having a new car every 3 years will also keep you poor unless you make big money.
Its amazing to see people arguing that buying something during maximum depreciation time and continually repeating that cycle is a good thing.
I think I enjoy being in my mid 30s with a paid for house, no cars newer than 10 yrs old and a pile of cash in the bank. If you can keep up your lifestyle and stay out of debt more power to you. I envy you.
+1 I believe buying brand new cars every few years is an actual sickness unless you own a company and are buying company trucks or are treynor rich. My family is quite well off and we will search for the year old lease returns and keep them for 10+ years.