That's awesome if you want to keep a car for 5 years.
I bought a new (2019) SUV that will be under full warranty for 36 months I'll own the car (4y/50k mile). It also includes all service (oil changes, standard factory scheduled maintenance intervals). I'm paying ~$350 less than if I purchased the SUV on a 60 mo. loan.
I can just walk away from the car in 3 years... if I bought the car I'd still be upsidedown on the loan in 3 years.