Submitted by sunlifeee t3_yipwxz in personalfinance
SlyTrout t1_iuk4uog wrote
Reply to comment by sunlifeee in Rip me apart. Car lease… by sunlifeee
Doing a new lease every few years means you are always paying for the steepest part of the depreciation curve. You would be much better off to buy a used car that is a few years old and past the worst part of depreciation or a new car and keep it for a long time. Even at $5,000 per month net, the car you are thinking about does not make sense.
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