Quote:
Originally Posted by Wyndi335I
Are you a person that purchases every 2 to 3 years? If so, leasing is your best option. If you can stomach a little higher payment, put less down and put the rest in a savings or CD or something. I personally dont lease and hold on to my cars for a while. My father was not rich by any means and he would only finance for three years and after, he would continue to put payment in a savings for the next car. Cars were cheaper then but it made sense.
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So I think what I'm going to end up doing is similar. I've got around 22k equity in my current car so I'll basically use that to pay the lease each month. Then I'll take the $600 ish a month that I was going to finance, and put that into an investment that appreciates.