Quote:
Originally Posted by Kerune
I can't imagine trading this car in anytime soon considering the depreciation (though I don't plan to) but let's hear it, how long did you own a certain car, how much money did you put into it, and how's the switch feel?
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Depends on what you want vs what you are willing to pay.
You can own any car for any length of time (lease or buy, doesn't matter), and as long as someone is willing to help with the financials (whether it's an early lease return, buying for positive or negative equity, etc) you can make a switch as long as it makes sense for you, the owner.
I traded in a car after 12 months on a 24-month lease, because it made sense to me. Took a $4k hit on depreciation but this varies from person to person on whether you can justify it or not.
-alex