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Originally Posted by Litespeed
I also do not appreciate the comment that "I get to ride around in a car far more than you could normally afford" comment. That is really not necessary.
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Although it may not be true for you that you don't use leases to get cars you couldn't otherwise afford, it is true that a lot of leases, maybe even the majority, are done for this reason.
A car isn't something you build equity in. However, if you want to own a car for the lowest cost per mile, this means having the same car for 7-8-9-10+ years, and the best way to do this is to purchase a used car that is 2-3 years old and keep it until you can't drive it anymore.
Leases are a good idea if you want a new car every few years and you don't mind paying for it. It's definitely not the cheapest way to own a car though.