sunlifeee OP t1_iujypp9 wrote on October 31, 2022 at 10:13 PM

Reply to comment by SlyTrout in Rip me apart. Car lease… by sunlifeee

Also one more thing, I’m in the middle of interviewing for another job. Which would put me around $5k net income. Could I reconsider then? Or still no

Mashtatoes t1_iuk11ky wrote on October 31, 2022 at 10:32 PM

$5k per month? Yes.

SlyTrout t1_iuk4uog wrote on October 31, 2022 at 11:02 PM

Doing a new lease every few years means you are always paying for the steepest part of the depreciation curve. You would be much better off to buy a used car that is a few years old and past the worst part of depreciation or a new car and keep it for a long time. Even at $5,000 per month net, the car you are thinking about does not make sense.