Papi_swav wrote:digitaldropoff wrote:el13adnino wrote:because...
I'll wait to hear a reason why as well? I mean, if you like getting a new ride every three years....than it makes sense. If you don't, then I don't really know why it's better than owning. Key is to buy a used car that was leased.....it's usually certified and not to F-ed up from the previous owner because they know they need to return it in decent shape and within the miles allowed.
For 1, you get a new car every 2-3 years.
2. Personally, I will not buy something that depreciates over time, a car is not an investment and when you buy a car or finance, you will be making those monthly payments for 5-8 years, depending on how much u put down and the car.
3. By the time you done with the payments, the car is almost ready to break down unless you maintain it. BMW's and Benz etc .. do not hold their value at all. Honda, toyota and few cars last pretty long and the parts are cheap and easy to get so it wouldn't be too bad with those kind of cars.
I like to "buy" things that goes up in value overtime like property, gold, sneakers etc.. if not then I lease it. Just my opinion.
It all depends on your lifestyle. My last car I owned for over 11 years, my current one that I am paying on, I will drive it no less than 8 years. Leasing cars is fine, it's just silly to say that is the best way of doing things as a general broad statement.