Posted by: sixfour February 13, 2016
Brand New Car - Buy or Lease ?
Login in to Rate this Post:     0       ?        
Thanks for all your input.
And I think I'm done with driving used cars. Really bad experience and overall cost of repair/maintenance adds up a lot in following years. Bought this 2008 car few years ago for like $7500 straight cash and I was doing math how much I spent on repairs and maintenance after 2 years. It is simply overwhelming. The other day, I read about annual repair cost of new cars and it's like $200-$300 depending how you are driving with no accident etc. So, not gonna look at used any more.

What am interested is either to buy or lease. But again here am not getting convincing answer. All am getting answers here is either 'buy' or 'lease'. Can you elaborate more? I understood that when lease ends, I've to start another lease. No equity nothing. But do you think when my lease ends that I can finance it and buy it? I can ask these questions to dealer this weekend but I just want to have some information from many experienced experts here before I can have talk with them who might talk about their profit first than mine.

Read Full Discussion Thread for this article