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TopicBuy or lease your car?
CableZL
01/19/20 9:42:04 AM
#12:


KillerSlaw posted...
You're making the mistake of thinking that most cars hold any worthwhile value.

Cars don't work the same as real estate or houses.

My 2013 Camry just got appraised at $10k yesterday, so I think that's worthwhile... I'm about to trade it in for my dream car in a couple months.

Of course they don't build equity, but they retain more value over time, relatively. Because I own the car, that $10k is mine. If I leased it, I would have put however much money into it and just given it back and not had any value at all at this point.

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