Cars are going to be the next bubble

[NYCBlue]

That old adage was key to rich dad poor dad books. The problem is it doesn’t take into account the variations in depreciation.

Cars depreciate - but if the lease is triple the depreciation then it doesn’t stack up. At the moment, it does pay to lease but that rule of thumb isn’t right 100% of the time

You might pay over the odds on a lease, but it's doable and the lease ends. You drive a brand new car under full warranty. We even get free oil changes and "light" maintenance.