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

I completely agree!!

I would definitely be able to drive it less than 30,000 over those 3 years.

Thank you! That’s what I always thought. I buy a new car and drive it until something major happens to it that makes it more cost effective to buy a new car rather than feed the money pit. I’m not someone trying to project anything, and I don’t have New Tech FOMO about cars.

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.

So that’s the thing—the lease payments are cheaper per month for three years than the loan payments per month for 60 months. I think my financial planner wants me to lease because he expects interest rates will be better at the end of the lease term.