I know leasing and then buying out the car is one of the biggest ways to waste money on a car, but already made the mistake of leasing when I was a resident, so wondering where to go from here...
I currently Lease a 2015 Honda CR-V slightly upgraded model for about 250 a month. Buy out will be 17k when it's 39 months old, which looks fairly priced based on similar prices posted online. I do like the car, and think it could last a decade easily (I only have 15k miles on it).
Would it be dumb to buy out the lease, or should i just consider the lease fees a sunk cost and go from here? Not interested in buying a used beater, nor would I ever need anything fancier, so buying a similar 25-30k car new would be the alternative.
I currently Lease a 2015 Honda CR-V slightly upgraded model for about 250 a month. Buy out will be 17k when it's 39 months old, which looks fairly priced based on similar prices posted online. I do like the car, and think it could last a decade easily (I only have 15k miles on it).
Would it be dumb to buy out the lease, or should i just consider the lease fees a sunk cost and go from here? Not interested in buying a used beater, nor would I ever need anything fancier, so buying a similar 25-30k car new would be the alternative.
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