new car. I replied and let him know that leasing a car lowers your monthly payment. I then proceeded to express that leasing is the worst deal on the market. You'd be better to just buy that same brand new car, paying it off in three years (or heck, let's get dangerous and and say 5 years ). That way you actually own something that will last you 10 to 12 years freeing up cash to invest in things that will make you money.

So, you're right, my advice would be to buy the 2000 Camry with cash, but if you are going to get the new one, BUY it instead of renting it.

Does that make sense?