I've leased a couple times in the past and was quite happy with it. I was able to drive a new, reliable car with a fixed low monthly cost. On a tight budget that could not squeeze out an unexpected $300 or $2000 for critical repairs, which always seemed to happen just when I'd paid off previous used cars, it was great for peace of mind. I was never even close to going over the annual mile allowance, even with some out-of-state trips. For someone with more resources though, I'm not sure what the advantage of leasing would be, aside from perhaps freeing up other money to invest in something that does not depreciate.
ColdRead_Chicago t1_jedhx80 wrote
Reply to Please explain why I should consider leasing my next car? by SquishyEmerald
I've leased a couple times in the past and was quite happy with it. I was able to drive a new, reliable car with a fixed low monthly cost. On a tight budget that could not squeeze out an unexpected $300 or $2000 for critical repairs, which always seemed to happen just when I'd paid off previous used cars, it was great for peace of mind. I was never even close to going over the annual mile allowance, even with some out-of-state trips. For someone with more resources though, I'm not sure what the advantage of leasing would be, aside from perhaps freeing up other money to invest in something that does not depreciate.