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I should have said while I 'use' not own..sm

Posted By: advice please on 2005-12-10
In Reply to: After buying car after car and never really sm - CL

A car depreciates on average, depending on the type, apx 1500-2000 a year.  If I want a car for a three year lease, I just pay the amount it depreciates during that time while I 'use' it, which would be around 5000 dollars, and any down payment to make the monthly lower.  I don't need a fancy car, just a little cheapy to get me here and there without stalling at every corner.  Maybe a chevy malibu, i've had mine since 1999 and its reliable, but its wanting to give up.  The newer models are gorgeous.

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