Thread: Trade 2 for 3
View Single Post
      03-24-2024, 11:44 PM   #6
Kernel Kurtz
Major
Kernel Kurtz's Avatar
347
Rep
1,023
Posts

Drives: 2020 M240i xDrive
Join Date: Sep 2007
Location: Winnipeg, Canada

iTrader: (0)

Quote:
Originally Posted by Nickies View Post
If he wants something new, the best option is to buy to maintain a residual value on the long run.
Agreed, buying is usually a better plan than leasing in the long run financially unless the latter has tax benefits for you. It sounds like he is more concerned with having a new car than the most efficient long run though, which is where leasing is attractive.

If you want a new car regularly and don't mind a perpetual payment leasing has advantages. You can also buy a new car regularly and sell it when you want a new one of course, but then the opportunity cost of that money is on you as well.
Appreciate 0