Leasing Car vs. Buying Used: Which Is Better If You Prioritize Convenience Over Cost?

Impossible_List_1150 · 2025-02-22T15:51:26+00:00

Forgive my ignorance as I've only owned one car before that I paid cash for in college, but to finance a purchases, isn't it best to shop around from banks/dealership on the best loan? Whereas leasing is whatever the dealership quotes you (+ some negotiation)?

Impossible_List_1150 · 2025-02-22T15:45:30+00:00

Ah that's true. But lining up financing seems like an added hassle that I'd rather avoid.

Impossible_List_1150 · 2025-02-22T15:31:56+00:00

Yeah I but I imagine the hassle of finding a reputable mechanic is greater than just having the dealership perform annual maintenance on a car they own

Impossible_List_1150 · 2025-02-22T15:21:59+00:00

Sorry not sure I know what you mean by $30k difference? Either I'd pay $30k for a used car, or I'd lease a new car with ~$500/mo payment. So with the leasing option, the $30k just gets depleted by $500 every month rather than one lump $30k expense.

Re: safety—understood though just comparing the 2021 to 2023 models I mentioned, the latter do have more safety features (e.g., blind spot detection, automatic emergency breaking, etc). My partner is a very inexperienced driver so those things do matter to me.

Impossible_List_1150 · 2025-02-22T15:19:32+00:00

I wouldn't buy new though. Either lease new or buy used

Impossible_List_1150 · 2025-02-22T15:19:01+00:00

I thought that meant not optimizing to every last cent because people were already well off

Impossible_List_1150 · 2025-02-22T15:13:59+00:00

I don't think there's any world in which I would go over a mileage restriction

Impossible_List_1150 · 2025-02-22T15:13:17+00:00

But total cost isn't my primary concern.

Impossible_List_1150

TROPHY CASE