[pureliquidhw]

Someone needs to buy a new car so everyone else can get that deal on a used one. I played the lease game before, ended up driving brand new cars for around $2000 a year. After 10 years I paid around 20k, sure, but I also had a new car every 2.5 years (dealers are always buying out leases to get you into a new new car).

New cars aren't, or at least weren't, always this massive financial blunder people claim.

If it ends up costing you a few grand more per decade, why not lease, live within bumper to bumper warranties, and create the vehicles people actually seem to want, used ones.

[Retric]

Lease payments aren’t the issue with that strategy, taxes are.

All told I am probably spending about 1/2 or less what you are per decade by swapping leases every 2.5 years vs buying new and keeping it until it’s not worth maintaining. And that’s with buying nice new cars and always getting it repaired at the dealership. Which conversely means you can also drive a nicer model at the same price.

[JKCalhoun]

And probably requiring full coverage on insurance.

New cars remind you every year how much you paid for them....

[adwi]

What cars were you leasing for $167/mo?

[dtnewman]

I had a Hyundai Elantra for $165/month after tax plus about $300 in various fees at the start of the lease. But to get great lease deals you have to love the process of seeking them out and negotiating. Otherwise, just suck it up and pay a bit more, save yourself some time. Rodo.com is a great place for many decent lease deals where they’ll even deliver the car to you.

[sbierwagen]

You can lease a Nissan Leaf for like $100 a month.

[Scoundreller]

I'm seeing US$159-$199/month.

https://www.greencarreports.com/news/1129864_nissan-leaf-lea...

Basically unobtainium lease rates outside of USA. In Canada, I'm seeing ~US$400/month for 60 month lease on a Leaf, and 40% more on a 3y lease: https://www.leasecosts.ca/en/cars/nissan/leaf-s-electric/202...

[mattlondon]

Likewise in the UK - Nissan leaf is about £300/month or about 415USD.

I feel like leasing in the UK is not a good deal, at least to me. I think a fair amount of people outside of tech get a company car allowance that probably props up prices a bit - I don't see why anyone else would pay these rates unless they absolutely must have a new car Vs a used one

[shiftpgdn]

You could get a Chevy Bolt fairly recently for like $30/mo.

[snotrockets]

From my own research, those numbers requires you to make less than ~$65k for various tax rebates. Actual cost in CA for a Bolt is more like ~$200/month for a 10mi/year lease (which isn't a bad deal in itself, but far from $30).