Meg asked:
just want to make sure that i’m not making the wrong decision. i’m trying to save lots of money here.
currently have a benz -but since a value of a car just decreases over time, i just want to know if leasing would work out best for me.
also if you know of any super good cheap auto+renters insurance company let a girl know! 😉
you should keep the car you own, because by leasing a car you are only renting it from the dealer then you are giving it back to them so it is basicaly theirs not yours.
buy a new kia, 12000 bux, 10 year 100K waranty, cheap with great features, save a ton. leasing isn’t a benefit, you have to buy it out at the end or keep on paying lease payments on something else.
If you own it I would keep it until you start to reach the point where things really need to be replaced on the vehicle.
Leasing is not the way to save money, since you have to turn the car in at the end of the lease and have to turn around and lease another one. I can see where you might be having trouble though, since you own a Benz. These are not very cheap or reliable cars to begin with. I suggest ditching the image car and going for a Toyota or Honda. The money you save in insurance, gas, maintenance and payments with more than make up for the loss of prestige you may or may not face.