Valid points, but how can someone justify making a monthly payment essentially for as long as they drive?
I bought a 1 year old Honda Ridgeline (the very vehicle Backlund drives, we are Ridgeline pals) in 2007 and paid cash for it. Now I plan on having that thing until like 2025 or something, and I have zero monthly payments. Obviously I have to make sure it is maintained properly but it just seems to be the way to go.
Also, you can go to return a leased vehicle, and if you're over the km allowance it's gonna cost you.
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