[Bring_Back_Shantz]

Originally Posted by TylerSVT

I guess its a difference of viewpoints as well.

I like to buy a car and own it for 6-10 years and beyond.

IMO people waste money on cars because they feel they want or need the next big thing, they want the more power, the more leather the more this and that and they want to show people their pretty new BMW or Audi.

Ironic that i drive a souped car but i did that before i matured and grew up.

IMO i would much rather have a 10 year old vehicle, no debt, and be able to save. Than have constant debt and have a new car every 4 years. People live beyond their means. I don't like owing people anything... ever. I like knowing that my stuff is mine. Id rather pay off my house than buy a new car.



Edit:

Another problem is i dont like buying new cars, you take such a stupid hit on depreciation out the door, probably another reason why i dont like leases. I also dont mind working on a older vehicle.

Saying the big hit on depreciation as soon as you drive off the lot is a reason to buy over leasing, kind of shows you haven't taken the time to actually understand how leasing works. Depreciation as soon as you drive off the lot is really only important if you intend to own the car short term, wich is the exact reason why someone would benefit from leasing over buying.