The process of purchasing or leasing a new car is not something I look forward to. In fact, I tend to hold on to my cars for 8+ years and then wait until the beginning of the year and get a nice deal on one of the remaining prior year’s models of the same exact vehicle. I stick to what I know is reliable and don’t go for the next best thing or trade in my car every 2-3 to get the latest model. That’s not very smart financially and very much like Keeping Up with the Joneses. This post will make the case that leasing a car is not in your best interests either.
I’ve driven Nissans for quite a while now so let’s say I was in the market for a new Nissan Rogue. I check with the local Nissan dealer and they give me the following lease offer: