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I’m looking at leasing a car, and it sounds like a good deal. However there can be a big bill at the end and you’re throwing your money away instead of having an asset at the end of the lease. It seems a little bit like a jew trap to me. Has anyone here leased a car before? What are your experiences?

edit thanks for all the replies

I’m looking at leasing a car, and it sounds like a good deal. However there can be a big bill at the end and you’re throwing your money away instead of having an asset at the end of the lease. It seems a little bit like a jew trap to me. Has anyone here leased a car before? What are your experiences? edit thanks for all the replies

(post is archived)

[–] [deleted] 7 pts

To me car leases seem like they are for people who are comfortable being in perpetual debt. You will own nothing and be happy.

[–] 2 pts

I own multiple cars outright, some heavily modified for performance.

I also lease multiple cars.

Guess which ones I choose to buy and why, and which ones I choose to lease and why.

Leasing is just renting. It's as simple as that. Everyone makes it more complicated.

[–] 1 pt

Lease is just a tool that you can choose to use or not based on your own conditions.

[–] 0 pt

Lease is just a rental. Nothing more, nothing less.

[–] 0 pt

How am I supposed to guess which ones you chose to lease? Uh, I don't suppose you can modify the leased ones, so I guess those would be the stock ones.

[–] 0 pt

Those which depreciate rapidly - lease.

Those which maintain value - buy.

More than one car in the garage has appreciated in value since purchase, and one in particular has doubled.

[–] 1 pt

You don’t ever really own anything as long as government exists. If you don’t pay taxes they will garnish your wages and levy your assets, you will own nothing and be happy. The same as it’s always been.

[–] 0 pt

“Good thing” about debt is you don’t pay taxes on it. You don’t pay a sales tax for a car you leased.

[–] 0 pt

Stay poor and never make money so you can avoid taxes!

[–] 0 pt

I will Live in a box with a window unit