Keep Forever vs Sell <100k vs Lease Forever

[james accordino]

Unless you've got some kind of "bumper to bumper"
these repairs are not free.  Oil changes for $29.95,
like that's some kind of special.  I do it for less in
15 minutes at my own home with Mobil 1 synth.  How
about "Cap. Cost Reduction"?  That's where you pay for
the depreciation while you lease it.  I've BTDT, and
unless I could signifigantly write off my costs, I
wouldn't do it.  If you'd rather have an appliance,
with no hassle/joy or any other emotions for that
matter, then by all means, go immediately to your
nearest Honda/Toyota dealer and lease away.

Jim Accordino

--- Christopher Gharibo <cgharibo at usa.net> wrote:
> I was looking over my annual expenses for my '91
> Coupe since purchase, and
> some years the total maintenance/repair costs were
> several thousand dollars.
> Add in time and hassle factors, and you begin to
> wonder if the car is worth
> keeping from a practical standpoint.
>
> However, I also have friends, relatives, who always
> lease and I also see them
> visiting the dealer often for repairs. These are of
> course free, but there is
> time and hassle factors that remain the same.
>
> From a purely utilitarian/financial standpoint and
> factoring time/hassle
> factors of maintaining a car, I was wondering what
> the list thinks is the most
> sensical route: "Keep Forever" vs "Sell before 100k
> miles" vs "Lease Forever."
>
>
> Looking forward to your insight.
>
> Chris
>
>
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