Quote:
Originally Posted by FCX5
I'd personally rather not be in debt for expenses, for others debt is fine…clearly if you're leasing then debt isn't a concern.
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Leasing can be a good tool for those that can afford it, but also be a false sense of security for those that don't. The irony of leasing is that it is more expensive in the long run, but also less expensive with regards to monthly payment.
So you are either financially stable enough to want the best options for owning a new car for only 3 years, or not financially stable enough to afford a higher monthly payment on a financed car that is cheaper in the long run.