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The Water Cooler
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The increased cost of vehicle maintenance
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<blockquote data-quote="OKCShooter" data-source="post: 4339285" data-attributes="member: 9994"><p>Help me understand; you stated that ‘leasing is better than buying’ and then say you’re doing “quite well” because you don’t have car debt. </p><p></p><p>That is literally opposite sides of the same coin. </p><p></p><p>Part of why I believe leasing to be bad (besides being locked in with mileage and repairs on a timeframe and risk for said mileage overage or cosmetic damages) is that I do not carry any debt outside of my Primary residence due to the small tax benefit that lowers my effective interest rate to 2.5%. </p><p></p><p>How are you proud of being debt free (you should be) while telling the group that leasing is better than buying?</p></blockquote><p></p>
[QUOTE="OKCShooter, post: 4339285, member: 9994"] Help me understand; you stated that ‘leasing is better than buying’ and then say you’re doing “quite well” because you don’t have car debt. That is literally opposite sides of the same coin. Part of why I believe leasing to be bad (besides being locked in with mileage and repairs on a timeframe and risk for said mileage overage or cosmetic damages) is that I do not carry any debt outside of my Primary residence due to the small tax benefit that lowers my effective interest rate to 2.5%. How are you proud of being debt free (you should be) while telling the group that leasing is better than buying? [/QUOTE]
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