Leasing is like setting money on fire and using money to put the fire out. The only scenario it ever makes sense is vs buying and selling a car every 2-3 years.
Modern cars are extremely reliable, there isn’t a good reason to need a new one in less than a decade unless it’s involved in an accident.
That was my only hesitation for buying an EV: they’re too new and changing too quickly to have much track record on how well they last. I did go ahead though, so we’ll see in 10-15 years.
Historically my practice is to buy a reliable car new and keep until major repairs, usually 10-15 years. It helps if you are able to set aside sufficient money to avoid a loan
Leasing is like setting money on fire and using money to put the fire out. The only scenario it ever makes sense is vs buying and selling a car every 2-3 years.
Modern cars are extremely reliable, there isn’t a good reason to need a new one in less than a decade unless it’s involved in an accident.
That was my only hesitation for buying an EV: they’re too new and changing too quickly to have much track record on how well they last. I did go ahead though, so we’ll see in 10-15 years.
Historically my practice is to buy a reliable car new and keep until major repairs, usually 10-15 years. It helps if you are able to set aside sufficient money to avoid a loan