i guess another way to look at this is picture you have a pile of cash. every day, the pile gets a little bit smaller and smaller.
thats buying a car. go look outside at your car. it represents a pile of cash. every day that pile gets less and less. not only that, its not liquid.
leasing a car. the pile of cash is in your bank account and every month, you take a little bit of that pile and give it to the car company (at a far lower value than buying it). you still have all your cash, liquid too.
id rather look at a depreciating asset and think to mysef, i only have to give up a little bit of money 1/48th at a time rather than hope my investment in it holds.
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