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We don't buy. We lease and change for a new car every 3-4 years. I consider vehicle the same type of expense as Netflix. More expensive of course but it just go
by helij 3y ago
We don't buy. We lease and change for a new car every 3-4 years. I consider vehicle the same type of expense as Netflix. More expensive of course but it just goes to the same 'expense' category as other subscriptions.
- mattlondon 3y agoAt least in the UK leasing seems like a real waste of money? So that ford focus is £300/month for 4 years of use, plus an initial fee of £2k. So after 4 years you've spent £16k and then have no car. Why not spend that 16k on a used car? My last car I bought used was £7k and 3 years old and I've had it for 11 years now - it still has about £1k of value left in it, so it so far has cost me about £500-600 a year with only basic maintenance costs. I figure the most leases are taken out by businesses.