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So I haven't bought a new car for 17years...cash purchase of my first car with an inheritance from my grandad...wrecked it 6 months later and lost thousands!!! I swore I'd never buy new again after that and to this day I've never owned anything less than 10years old...I daily drove a 30year old Honda (1989, SiR I imported from Japan into the UK for anyone interested) for 3 years.
So I'm a little confused on how to purchase the Bronco....I don't want to drop all my savings on it cash, I'd much rather keep that invested earning me more money than the interest will be with finance, BUT what's wrong with leasing? I've seen a few people say not to do it and want to know why? I'm not 100% sold on the colours without seeing them in person (would've loved a dark green!!!) And with all these rumours of it getting bigger engines or seeing improvements over the next couple of years I was thinking of leasing my first one then in 2-3years either buying it or upgrading to a newer one if there are different colours or engines. I'm not sure I want to take the risk buying it and in 2 years time they throw the 3.5 Eco in there and come out with some deep green colour and I want it!!!
TLDR is there a reason not to Lease even if I think I might want to swap it for a newer model in a few years?
Cheers
Ash
So I'm a little confused on how to purchase the Bronco....I don't want to drop all my savings on it cash, I'd much rather keep that invested earning me more money than the interest will be with finance, BUT what's wrong with leasing? I've seen a few people say not to do it and want to know why? I'm not 100% sold on the colours without seeing them in person (would've loved a dark green!!!) And with all these rumours of it getting bigger engines or seeing improvements over the next couple of years I was thinking of leasing my first one then in 2-3years either buying it or upgrading to a newer one if there are different colours or engines. I'm not sure I want to take the risk buying it and in 2 years time they throw the 3.5 Eco in there and come out with some deep green colour and I want it!!!
TLDR is there a reason not to Lease even if I think I might want to swap it for a newer model in a few years?
Cheers
Ash
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