Thread: Cartards: If you're low on dough is it better to lease a new car or buy a used shitbox?
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Old 03-28-2011, 12:44 PM  
Tempest
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Join Date: May 2004
Location: West Coast, Canada.
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Quote:
Originally Posted by clickhappy View Post
So say I have $5,000 I can spend on a car. I dont have a lot of money now but think I'll make more money in 3 years.

So for $5k I'd end up with a used car that's so old a bank or credit union won't even give a loan on it (theres a red flag right there if a bank wont give a loan on it).

Or, I could lease a car, drive something decent, and then in 3 years I'll be making more money to get my own instead of leasing. I know 2 people who lease and both love it.

Anyone here lease? and glad they did?
Buy a car and then save your lease money every month to "upgrade" the car in a year or two, rinse and repeat... If things go bad, the bank/lease company can't take your car and leave you fucked.
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