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Automobile Enthusiasts

oldsoftie

(13,538 posts)

4. Leasing is the sucker's bet. Biggest scam the auto companies ever came up with

Reply to llmart (Reply #2)

Tue Jan 16, 2024, 07:25 AM

Jan 2024

Leases get people to get more care than they can afford. And VERY few people ever stay under the mileage limit; so they OWE more when the lease runs out
Buy the best USED car you can afford & drive it till the wheels fall off. Then buy another used one.

I've done that since the 80s; driven well over 2 million miles & but for ONE, every car took me to over 200k miles. The BEST one was an '08 Pontiac G6; 345k miles & only changed the water pump. Sold it for 2k & I thunk its still on the road

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5 members have recommended this reply (displayed in chronological order):

Scrivener7 Dem2theMax MiHale Dixc thenelm1

20 replies

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Highlight:

A result of the push for big SUVs [View all] Old Crank Jan 2024 OP

Its not just big SUV's the Historic NY Jan 2024 #1

I plan on keeping my ten-year old Honda Civic for as long as I can. llmart Jan 2024 #2

Leasing is the sucker's bet. Biggest scam the auto companies ever came up with oldsoftie Jan 2024 #4

I bought my Civic in 2005 and my niece is still tooling around town in it, no problems whatsoever. Scrivener7 Jan 2024 #5

Your last paragraph is spot on! llmart Jan 2024 #13

All our vehicles are old AverageOldGuy Jan 2024 #3

Haven't bought a new car in decades... MiHale Jan 2024 #6

We would buy a new 4WD truck in a nanosecond if they all weren't the size of a semi. Vinca Jan 2024 #7

The problem with big SUVs and trucks is that they also make driving unsafe for those in small cars. Lonestarblue Jan 2024 #8

The data is in on that subject. Old Crank Jan 2024 #12

1995 Toyota Camry with manual transmission: 298647 miles. I'm the 2nd owner and have rebuilt the suspension and brakes Ford_Prefect Jan 2024 #9

I think it was an opportunity the MFG's saw b/c of the covid crisis..00OOooo chip crisis, Ooo labor shortage. mitch96 Jan 2024 #10

I bought a new car once back in the mid 'eighties when I was young and full of myself. hunter Jan 2024 #11

I just turned 54 AwakeAtLast Jan 2024 #14

I drive a small car these days, a 2021 Nissan Sentra. Mr.Bill Jan 2024 #15

Perhaps Old Crank Jan 2024 #16

That's a good idea about the flashers. Mr.Bill Jan 2024 #17

SUVs are definitely a huge factor, but overall planned obsolescence is arguably a larger factor Kennah Jan 2024 #18

The average car on the road is now 12 years Old Crank Jan 2024 #19

Lots of those old trade ins are still running or still being scavenged for parts. Newer trade ins, less so. Kennah Jan 2024 #20