Quote:
Originally Posted by JulieDriving
Leasing a new car every 2-4 years or such is definitely spending a lot more than keeping the same car for a longer time. The first few years are the worst in terms of depreciation.
Leasing is an option. It is no better or worse, intrinsically, than financing is as an option. It depends on the circumstances. Personally I prefer to keep cars a long time, but there are myths out there that leasing = automatically throwing your money away. I also bought into that until I read more into leasing.
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Well said. Buying a new car that you know you will sell after 2-4 years, is in many cases, worse than leasing the same car, when the lease rates and Ts&Cs are as good as those of BMW.
No one is justifying that leasing is cheaper in general, however, in certain circumstances it is cheaper, and if that circumstance is inline with your needs, then why not? Again, most of those posting against leasing, are generalizing as to the motives behind the choice to lease.