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OT: Lease vs Buy Car
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[QUOTE="NJHusky, post: 5353117, member: 114"] I've leased cars for years (co stipend)...it's nice to have new and under warranty. But if you don't drive a ton, as Husky said, there isn't a ton of repairs. You might be shocked at the lease payment numbers for a new car, because of the interest rates. I bought out my last lease because the payment for the same vehicle would have gone up by some crazy number, because of the change in interest rates from when I leased it to when the lease was up. A lease at 1% v 6-7% is a very diff number. Plus, you've already incurred the depreciation Don't worry about parts. I have an 2007 Saab which was much lower production and not made since 2011...and I can order many parts online. By the time it might become an issue for you, you will be onto another vehicle. [/QUOTE]
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