Leasing vs. Buying Vehicles

17,131 Views | 105 Replies | Last: 4 yr ago by 62strat
agracer
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AG
rlb28 said:

Started leasing a 2017 Honda Civic for my daughter when she was 16, and included door ding, windshield and tire/rim protection. We've used all three and the first four oil changes were free.

She'll get a new leased car next year in college. I want her to have a new, reliable, maintenance-free vehicle while away at school. When she turns 22 we'll do it one more time then cut the strings and she'll be on her own. AND my wife will buy the Civic for $12,000 with about 28,000 miles on it to drive as her own.

I don't care about the reasons whether or not to buy/lease a car, to be honest. Our scenario works great for us.
Uhm...if you're paying for a lease when she turns 22 you're not really cutting the strings, are you?
62strat
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AG
agracer said:

rlb28 said:

Started leasing a 2017 Honda Civic for my daughter when she was 16, and included door ding, windshield and tire/rim protection. We've used all three and the first four oil changes were free.

She'll get a new leased car next year in college. I want her to have a new, reliable, maintenance-free vehicle while away at school. When she turns 22 we'll do it one more time then cut the strings and she'll be on her own. AND my wife will buy the Civic for $12,000 with about 28,000 miles on it to drive as her own.

I don't care about the reasons whether or not to buy/lease a car, to be honest. Our scenario works great for us.
Uhm...if you're paying for a lease when she turns 22 you're not really cutting the strings, are you?
umm.. he said 'then'.
 
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