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theoriginalharbinger t1_jed68d3 wrote

> would be less than financing

Well, at the end of 3 years, you would own a financed car.

At the end of 3 years, you turn your lease back in.

Leases are a great way to be spending money perpetually. And lest anyone say something about "unreliability" - the average age of cars on American roads is 12 years. You're fine keeping what you've got.

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SquishyEmerald OP t1_jed6s73 wrote

Would love to keep the car I inherited from my mom, a 2001 Subaru Forester with under 84k miles, but it needs a new engine to the tune of around $10k. I’m planning on getting a new Subaru.

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nozzery t1_jeddggv wrote

A new engine is more like$4k

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SquishyEmerald OP t1_jedefwi wrote

Sorry, I didn’t explain that correctly. New engine and other stuff not as urgently needed, but still needed really soon.

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