Author Topic: leasing a new car  (Read 1927 times)


  • 5 O'Clock Shadow
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  • Posts: 4
leasing a new car
« on: May 08, 2013, 03:17:44 PM »
Hi everyone,

I've been reading MMM for a few weeks now, initiating small changes and looking ahead to a healthy financial future. I've got little debt, a decent paying job, and have lived my life mostly on the frugal side. Until recently...

I decided in February to lease a new car. I sold my, admittedly run-down, Hyundai Accent for a brand-spankin'-new Ford Fusion. I've always wanted to have a new car, and now I can say that I have one! It even has a moonroof!!

What else can I say? Not much. All I can think about every time I drive it are the things I DON'T like about it. The way the SYNC system doesn't control my music properly. The terrible mileage I'm getting compared to the EPA estimate. The way the heat/air-conditioning AUTOMATICALLY turns on when I'd rather leave it off. And now I'm seriously thinking about saving some money aside to jump ship on this lease and buy a reliable used car.

On the plus side, I can now say I've done something I wanted to do my whole life, which is have a brand new car! And now I will never do it again. I earned myself a very valuable learning experience. Whether I continue to pay $300/mo to keep this lesson going is going to depend on what I do with this nice 'Stash I've started growing.

In the meantime, I've been enjoying my car a lot more since I started biking to work.