/biz/ - Business & Finance

>>	car lease vs buying Anonymous Fri Aug 12 00:38:37 2016 No.1439187 [View] File: 307 KB, 800x600, car lease.png [View same] [iqdb] [saucenao] [google] Girlfriend wants to lease a car but that shit seems like cancer. Can someone explain why this would ever be a good idea?

Is spending money on a car a shit financial decision? Anonymous Tue Jun 21 23:59:47 2016 No.1327568 [View]
File: 307 KB, 800x600, FORD_FOCU_2012-1.png [View same] [iqdb] [saucenao] [google]

I believe yes.
>Literally just a tool to get you from A to B
>A 20 year old piece of shit works just the same as a new car
>Horrible depreciation, no ROI
>Mostly used as compensation for weak men

I will (and have) happily drive trash cars my whole life. Spending even $20k on a new car has to be one of the worst financial decisions you can make.

There's a girl on FB who I've watched post updates on her car loan for a while.
>Only 8 payments left!
>$160 a week for over 2 years
>Bought a fucking mini cooper
>Straight out of high school
>Works at a muffin shop making just above min wage

That's financial illiteracy for you.

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/biz/ - Business & Finance

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