Quote:
Originally Posted by 8sPOT
I understand all that, and I know it isn't usually an option to pay cash for a newer vehicle. I just don't like the idea of always have a monthly payment on something that will eventually be worth nothing. I have no problem driving a 20 year old vehicle down the road, I've done it before. If I made half a million bucks a year I would lease a brand new car every 3 years too, but most of us don't have that kinda dough coming in. My point is, a car is mostly a need, but people tend to put it in the want category and then they can justify getting a new one way more often than needed. I guess I am not the norm because I think a new car every 3.86 years is ridiculous. What kind of asset costs $35,000 and only to be replaced every 4 years?
|
I am not sure you realize this, but you pretty much made Pylon's argument for him. A LOT of people like driving new cars every few years, and for them, Leasing is the best option.
And you don't have to make a million bucks a year to lease a new car. You can get a seriously nice ride for $400 a month, which many people spend more on smokes and beer per month.