Quote:
Originally Posted by pikkagtr
lease a corolla Hybrid ~250/month zero down
50mpg
400miles a week= ~8 galsx $2.50 = $20 a week
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3 year lease on that corolla = 9000 dollars. Gas over 3 years = 20 x 52 weeks = $1040. So roughly 10k just payments and gas.
Over 3 years on my civic i will have spent. 6000 for the car + 4500 for gas. 10,500. So roughly about the same cost of ownership over 3 years.
Difference is i still own my car outright after 3 years. And you would have to turn the corolla in. And do another 3 years lease for 9000 dollars on a corolla.