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      11-29-2013, 11:51 AM   #29
Biorin's Avatar

Drives: to get cheeseburgers
Join Date: Oct 2013
Location: Sweatervests & Range Rovers

iTrader: (0)

I've done calculations on my leases before, and considering I'm not the type to keep a car for a decade or more, leasing was the best option for me. I would have had to put more money down per month to buy it, and by the time I wanted a new car (say 6 years or so... if that), the car would have depreciated to the point where I'd only have a 1-2k advantage over the money I saved leasing, and I'd have to deal with finding a buyer etc. You also have to consider the time value of money and whether you could invest the funds you would have put towards a purchase and gotten any kind of meaningful gain.