We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Leasing a new car versus buying new every three years
poppyoscar_3
Posts: 1,566 Forumite
in Motoring
Can anyone tell me advantages in leasing a vehicle rather than buying new? I 'm thinking the lease would probably cost the deprciation anyway of a new car. Is it a good option? I usually change my car every three years, and keep buying new because my job is essential car user, which means it needs to be reliable.
Many thanks,
PO xx
Many thanks,
PO xx
2010 MFW Challenge No. 112 Mortgage paid in full 27/08/10 I was MF!!!
But now I'm not - (Joint) Mortgage £104704.
New MFW target £5000 overpayments by 31/12/2105 £400/£5000 = 8%
SAVINGS TARGET - £25000 by 31/12/2015 £13643/£25000 = 55%
No 17 Lewis Lane
0
Comments
-
Do a search on here we cover this quite a lot. On main motoring section look for serach this forum button.0
-
The deal breaker is usually how many miles you do a year.
Do you mind what you drive on a lease undesirable cars are cheaper?0 -
I probably do about 12-15000 miles a year.
Depends how undesirable!2010 MFW Challenge No. 112 Mortgage paid in full 27/08/10 I was MF!!!
But now I'm not - (Joint) Mortgage £104704.New MFW target £5000 overpayments by 31/12/2105 £400/£5000 = 8%SAVINGS TARGET - £25000 by 31/12/2015 £13643/£25000 = 55%No 17 Lewis Lane0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards