Subj : 2026 Infrastructure Bill in US; self-driving+
To   : esc
From : Ogg
Date : Sun Jun 11 2023 13:21:00

Hello esc!

** On Wednesday 07.06.23 - 17:14, esc wrote to Ogg:

 Og>> ...So, with a lease, you are basically paying yourself
 Og>> for the luxury of driving a new car for a few years.

 e> My wife and I lease our main car. The reason is because we
 e> enjoy getting a new car every three years with zero hassle,
 e> and we don't have to pay for any maintenance.

I've leased 3 terms in a row for a total of 12yrs. I bought the  
last leased vehicle.


 e> Yes, it's a money pit, but it's not much different from the
 e> total cost of ownership over a period of time anyway,
 e> particularly with how expensive maintenance can be.

I appreciated gaining the reliabilty of a new car.  But I was  
still on the hook for regular/scheduled maintenance.

Wrt money pit, it probably works out the same if one buys a new  
car outright and maybe sells that to replace it with another  
new a few years later.  For some, making the arrangements for  
the selling of old is a hassle.  It would be for me.

But, for some, buying "good" used cars and maintaining them  
costs far less over time compared to the above.  I have a  
friend who has purchased quite a few different used cars - but  
he's a pretty good DIY-guy and does not mind doing basic  
repairs on his own.  I believe that he has spent less than a 1/ 
4 in buying the used cars over the years than I spent in  
leasing 3 in 12 yrs.

--- OpenXP 5.0.57
 * Origin: fsxnet/2 (21:3/110.10)

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