So have recently a guru named Dave Ramsay - dude that wrote Complete Money Makeover, etc. He also has a daily podcast that for anyone that is having money issues such as debt, give this guy a listen!
Anyways, sometimes I am thick as wood and things take a bit to sink in. One of them is this: for yrs the thinking has been DO NOT BUY A NEW CAR since it depreciates so much in the first couple of yrs. Fair enough. But why? If someone, like me, who just bought his first brand new car in Sept and I plan on caring for my baby for the next 10+ yrs.
So, according to Dave, one should buy a car that is just coming back from a lease, say 2 yrs old. But if some idiot leases and knows they are giving it back, do you really think they drove it carefully or gently? Its like buying a car from Enterprise or Budget Car Rental. Lord knows when I rent a car I drive it differently then if it was my own.
Just looking for some clarity on this.