Is it bad to lease? - answered by a "financial guru"

I would further caveat it with “purchasing an (affordable) vehicle and holding it for a long time is better than changing vehicles often.” Strategy only works on cars like Camrys that will, on average, drive a long time and have very manageable maintenance costs. Make it an X7 and the math is very different.

Something of a non-sequitur but for what it is worth, I think I might be able to achieve a TCO comparable to buying S*** boxes by buying new Japanese sedans/compact SUVs at a decent discount when the opportunity emerges and driving them for 2-3 years before selling them private party. Used Corolla and Camry values are insane due to dumb people following Dave Ramsey’s advice.

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