Wise to save money.
I used to get myself a new Ford Focus car through leasing without my experience, and I paid 500 dollars a month. I could keep my car for three years after paying the lease. Not correct! Leasing is right for business because of tax compensation. But not beneficial to ordinary people. And the monthly leasing rate is very high. So, I wanted to keep my Ford Focus, so I took out a loan. To continue paying for another three years, my Ford Focus is as valuable as Audi. Crazy! From my experience, I’ve learned how to keep the car, and the car I drive shows who I am. My recommendation is how to buy the car “for free.” Assume that the vehicle you choose costs 18,000 dollars. You make a down payment, take out a loan and pay it off in 3 years, with 300 dollars a month. After paying the deposit, you keep your car for another three years, and the monthly 300 dollars are 6 percent. Then, if you wanted to buy a new vehicle at the end of the six years, you have almost enough money to pay for it in cash. In this way, you can buy a new car every six years, so to speak, “for free” throughout your life.