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| Topic | should i buy or lease a car? |
| FatalAccident 04/11/17 12:38:28 PM #20: | lease lease lease lease lease lease Even if you have 20 bags in the bank, you wouldnt wanna drop say 10k on anything - car, holiday, anything. The only thing you should ever be dropping that money on is an investment like a house. Considering a car is the exact opposite of that you shouldn't be dropping big sums of money like that on anything. So back to my original point, say you wanna blow 10k on a car. It's better for you to pay off that 10k (obviously with interest unfortunately) over 2-3 years, or even 4 if you like the car enough. It's so much better for your cashflow to have that 10k or whatever coming out of your bank account in £500 installments over the next few years than all in one go. If you dropped 10k now, it's gone. Whereas if you take out the loan or lease it, you're committed to paying the 10k, plus whatever interest but you can still use the remainder of that 10k you've allocated on anything else if anything crops up in the meantime. tl;dr - lease it, it's not even a question IMO --- *walks away* http://i.giflike.com/of9x4px.gif ... Copied to Clipboard! |
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