Originally Posted by aero3685
Well lets see, you lease a brand new car.. drive it off the lot, and if you ever wanted to resell it, it just dropped quite a bit.
I never said I would purchase a brand new car off the lot either. For people who are too good for a used car, or for the people that always want to look "cool" driving the latest car, good for them, doesnt mean much to me other than you have more debt than me. And yeah.. in a finance, you get the title at the end, but if you want that title at the end of a lease, your ass gets to pay almost double the value of the car by the time you get it.
I would much rather have a nice maintained car that is a few years old, and has already gone past its greatest depreciation time.
Great for you.
The whole point of a lease is if someone changes cars frequently, they can have a more expensive car for a lower monthly payment than if they were to purchase the car. Then when the lease is up they turn in the car, don't have to deal with any BS with selling it or trading it in, and then they go get another car, either leased or bought.
It's a perfectly viable option if the person buying the car knows from the outset that they don't plan to keep it for too many years. And if that's their plan, so what? That's what they want to do and leasing is a more affordable way to do that.