Leasing?
We are convinced our next car will be leased. $200-300 a month and always have a new car with no repair worries. You either make the payments or put the payments in the bank each month for the next ...
Forum Discussion
We lease our Family Hauler (not TV). We prefer to have one new vehicle which is reliable for DW and her daily kid adventures, and the other two cars are paid for cash, but also 8-10 years old. We found that the over the years, between the bad drivers hitting us, hail storms, etc, we lost too much money in resale for a new vehicle to be worth while.
So we lease, when the lease is up, if the car has been reliable (and claim free), we purchase it. Then if we want to keep the car, we will, otherwise we sell it and recoup some of our "wasted" (your words not mine) money. But this also depends on the vehicles you buy. We only lease imports (subaru/toyota), as resale on them is much higher than domestics, and typically the buyout is quite low.
And OTOH, I don't keep vehicles for longer than 3-4 years anyways (I get bored, and also needs/requirements change), so it makes sense in our case.
To each their own. I'm not sure I would lease a TV (mostly because I gringe at the $7-800mth payment), but who knows.. The truck needs replacing soon, and that 6.4 Ram looks mighty tempting.
So we lease, when the lease is up, if the car has been reliable (and claim free), we purchase it. Then if we want to keep the car, we will, otherwise we sell it and recoup some of our "wasted" (your words not mine) money. But this also depends on the vehicles you buy. We only lease imports (subaru/toyota), as resale on them is much higher than domestics, and typically the buyout is quite low.
And OTOH, I don't keep vehicles for longer than 3-4 years anyways (I get bored, and also needs/requirements change), so it makes sense in our case.
To each their own. I'm not sure I would lease a TV (mostly because I gringe at the $7-800mth payment), but who knows.. The truck needs replacing soon, and that 6.4 Ram looks mighty tempting.
