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Originally Posted by Bug Rx
Im leasing, because at the end of 3 years i would rather just walk away from car and get a new one. Who wouldn't rather have a new car every 3 years instead of same car for next 6-7?! Lol
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Sure- but you can always trade a car in...no acquisition fee, tax benefits depending on the state, etc. I've leased and I've purchased...but I never understood the 'frequency' argument, there's no free lunch here.
I like to lease so I have the option to avoid dealing with accelerated depreciation at disposition (minor accident damage and/or first year issues, as is the case here)...but you pay a premium for that option (mf tend to be 1-2% higher than similarly termed loans, acquisition fees are ~$725-$975, less tax-efficient, etc).