Quote:
Originally Posted by mrjoed2
Don't understand your logic. A lease is nothing but a long term rental.
If I pay cash & keep 10 years, I am way ahead of the game vs 3 leases.
When you pay 40K over 3 years & end up with nothing, not sure how that is a smart move.
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Depends on what your goal is. If it is to always have a vehicle that is new, under warranty, etc. then leasing may be the smart move. If the costs/savings is your motivation then it probably will not be. Each person has there own reason for leasing or purchasing and what seems like a great move for one may not be for the other. Just like some folks are only comfortable investing in CDs or bonds while others are 100% growth, neither is necessarily wrong. We all have our own comfort level with risk, spending, etc. Sometimes paying more is actually the least expensive, maybe not in terms of dollars but in terms of discomfort or stress.