Quote Originally Posted by Fine Lines View Post
If it increases in value buy it. If it decreases lease it.

If you went to buy a house and was told it would be worth 40% less then u paid for it in 5 years you wouldn’t go near it.
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