Submitted by Silly_willy__ t3_z6x03s in personalfinance
Jollymoose1 t1_iy3n05c wrote
Now that I think about it, I should’ve leased a car.
autonerd1 t1_iy425oe wrote
why?
Jollymoose1 t1_iy44fg1 wrote
It’s more expensive to finance and cars depreciate compared to buying a house.
autonerd1 t1_iy47fgd wrote
but you will always have a car payment compared to buying. Yes, you are right, cars depreciate. But after you spent $19k over 3 years, that could of been towards the price of the car, but yet, there you are back at square one $19k later. It just doesn’t make sense to me.
Jollymoose1 t1_iy48910 wrote
I guess. After a while, you get tired of driving the same car. I had my Nissan Sentra for almost 4 years now and now I want to get an SUV.
autonerd1 t1_iy48w9d wrote
I get that. But i would think one would get tired of the car payments, especially since things get more expensive by the year. How much does a lease on an SUV even go for? $500+ a month? Or more?
Jollymoose1 t1_iy49mop wrote
Not even sure. I’m paying $250 month for my car now. Have about $10K left for my loan. Life would be easier if I’m married for discounts.
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