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/biz/ - Business & Finance

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53901084 No.53901084 [Reply] [Original]

Is buying a new car a good financial decision? Used are getting close to new prices these days. Anyone here ever lease?

>> No.53901097

>>53901084
He's awake kek.
You missed your alarm clock arguing with me all night even though I was asleep.
Time to spam the catalog!

>> No.53901116

>>53901084
used cars you can get instantly
new cars you have to wait 3-6 months
both are roughly the same price

that's the deal

>> No.53901156

>>53901084
I only lease

Financing is for idiots who want to "own muh car"

I did the math, you save money doing the subscription service (which is really what leasing is) and once you are in the system your up front down payment is less and less. All mechanical issues are taken care of, and at the end of the lease you get a new car anyway. Leasing is the best way to assure that you always have a working car that is fully functional.

I feel like a retard because I spent my entire 20s "financing" this trash can of a car and I've put so much money into it. So fucking stupid.

>> No.53901167

>>53901084
Dude weed lmao

>> No.53901237

>>53901156
Yeah leasing is def the way to go if you aren't buying used

>> No.53901676

>>53901167
Kek

>> No.53901717

>>53901084
>Used are getting close to new prices these days.
no they aren't.
new cars are $40,000
used cars are <$3000, probably $1500-2000 if your lucky

new cars are not assets they depreciate instantly
old cars are assets they appreciate over time if they get old enough
>(you will not be alive long enough for your new car to be an antique and acquire value).

your new car is made out of plastic and designed for the government and your bank to have full control over your vehicle and lock you inside at will, or take your car away; or shut it down; or suicide you at 150mph like happens in hollywood all the time.

your old car will run 400k+ miles requiring only minor repairs and parts from a junkyard

new cars are a meme.
never buy anything with an ODBII port; that is the cutoff