Quote:
Originally Posted by ASAP
did you just compare a new lease to a used car purchase?
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Always - because every car you drive is used. The second you drive it off the lot, it is a used car. Makes little difference to most sensible people if, a month later, the car is a month old or six month old and if it has 1,000 miles on it or 6,000 miles.
Financially, no one who has less than a million dollar net worth should buy a brand new car, the depreciation is so huge, that to eliminate that much of your capital when you aren't a millionaire is just silly.