[Dayze]

Depends on how you treat your car payment in terms of budget. Some just assume "x" dollars per month for a vehicle and don't want to mess with maintenance etc and don't drive much. Lease is ok.


Others might want equity (albeit diminishing), and no monthly expense of a payment...then buying is the better option. Really just depends on the individuals circumstances and preferences.


I have a relative who just did a lease on aBMW...with crazy mileage restrictions.$375+ per month......when they already had a vehicle that was perfectly fine , but traded in anyway. Hell.i even considered buying the truck because it was in great shape. I would've kept the truck as a second vehicle. 13 years old...dirt cheap in insurance and taxes etc. that way if I do the lease and hate it, I can be done with it once it expires and still have a vehicle/no payment.