Originally Posted by LuxMan
I'm going to pay ~$550/m to finance it. You shouldn't pay more than $400 to lease an Altitude.
Even if you lease it for $450 a month with zero down, and hypothetically you lease another one after three years for $450 again. You just had two cars for 6 years for $32400.
If you finance it for $550 a month after 6 years you paid $39600.
The price difference plus the money you put in to the financed car after warranty, probably ends up being the same as what the car is worth after 6 years.
My opinion I would rather lease two cars in 6 years to never have to be out of warranty and then also not have to worry about resale value. But I usually only keep cars for 6 years anyways. If you usually keep cars for longer, then for sure financing makes more sense.