Cars: Buy outright? Swap-a-lease?

I guess it depends how rich you are. I would die to own my car and not have this monthly payment. I’d say the best way is to buy it out right because at least if you get bored you can sell it. I thought about leasing a car but it seems like a bad investment because you don’t ever get to own it unless you have an option to buy, otherwise your just renting it and paying depreciation. I’m a year into my car loan and it sucks because I’m upside down in my payments so I’m stuck.

Leasing costs a lot of money and at the end of the day you do not own the car. Real bad idea.

Don’t lease. Either buy it out right, or if you can’t afford to buy it out right, suck it up and buy a cheaper car.

Leasing is a HUGE retarded move.

I agree with both westy81585 & Marina leasing will only rip your money and at the end of the day you don’t own anything. You might want to search for a car which is in your budget & buy it out right to make sure you don’t waste tons of money on interest. You might want to search for used cars from their owners directly online just like on http://www.mecarz.com & http://www.craigslist.org where both have plenty of cars from the owner directly which is usually cheaper than the dealership.