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Apr 16, 2014
9:40
:44
am
QuinneyCoug
I want a new car, but my 1996 SeVille will not die and I have a short commute.
So we'll keep on driving Cadillacs in our dreams for now.
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QuinneyCoug
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TaiJuan
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QuinneyCoug
Joined
Jul 20, 2010
Last login
Feb 10, 2015
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Messages
Author
Time
Leasing New vs buying a 5-6 year old car for the same payments
cypresstx
4/16/14 9:27am
Annual mileage limits
kccougar
4/16/14 9:29am
Our mileage has been well below limits
cypresstx
4/16/14 9:34am
Yes, but don't leases usually only last three years (on average)?
BYUHawk
4/16/14 9:54am
Lease payments are much lower than a car payment. In a lease you're only making
Non-donor troll
4/16/14 10:08am
In his situation he said the payments are the same. Probably because he's
BYUHawk
4/16/14 10:17am
I think it depends on the used car. I bought one like that once and drove it for
PhilPete
4/16/14 9:34am
additionally, leased cars remain under factory warranty for duration of lease
jota
4/16/14 9:34am
With leasing you're guaranteeing yourself a car payment. The absolute best
sethfan
4/16/14 9:35am
this is true
jota
4/16/14 9:35am
We drive our cars till they're only good for scrap or kars for kidneys
Florwood
4/16/14 9:38am
I want a new car, but my 1996 SeVille will not die and I have a short commute.
QuinneyCoug
4/16/14 9:40am
Maintenance is usually far cheaper than a monthly payment
mudpupper
4/16/14 9:40am
I agree, but that is not as fun
JOPE
4/16/14 9:40am
This is the caveat. If you aren't motivated by the budget aspect and you would
sethfan
4/16/14 9:43am
Yup, buying an older car for cash is by far the smartest thing financially to do
JOPE
4/16/14 9:46am
There is also a cost associated with the downtime of the maintenance
cypresstx
4/16/14 9:49am
Sure, but how often does that happen? Once or twice a year?
sethfan
4/16/14 9:53am
The only timed I had repairs more than once every couple years is when I have ow
QuinneyCoug
4/16/14 10:00am
Honda and toyota's go 300k. In laws have a 2002 Accord with 210k miles
Mayor of Cougartown
4/16/14 9:38am
If you want a new car every few years and don't drive more than 15k miles a year
JOPE
4/16/14 9:39am
I leased for the 1st time recently - not a fan
trublulgc
4/16/14 10:37am
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