Leasing a new vehicle

[TomK]

As the thread shows, whether to lease, buy a new car or buy used is really down to your own circumstances. In my case, I leased because I wanted a reliable new car but since I was working on three-year contracts, leasing was a good deal because if the contracts ended, I could simply leave the car at the dealership after three years and simply walk away. That changed while leasing the second car, so bought it at the end of the lease which meant I was buying a pre-owned car but I certainly knew its history!

I've wondered about buying a used rental car sometime in the future. From what I've seen, you can get some excellent deals and they have usually been well-maintained.