Originally Posted by Pharmacist

problem is you own nothing. it's a glorified rental. just like renting vs buying a house. at least with buying a car you actually own some equity in it. not much due to depreciation but still something. also if you buy a car you can keep it a long time after it's paid off and the only expenses will be gas, maintenance, and insurance. with a lease, your monthly payments never come to an end. you lease car after car and your monthly payments keep going on and on as long as you live.