Financial advise

[chrisgVRS]

Afternoon all,

After selling my 2013 135i 3 months ago my wife and I have been making do with just the one car a 2014 116d which we own.

We are both lucky to have good jobs at which we work very hard. We are not extravagant living a very safe lifestyle, have a nice house and live comfortably.

I have always bought cars outright to this point and been lucky with depreciation not costing to much.

I am thinking more and more about leasing the next car, the money will stay in the bank should I need it for anything and an example cost for say a Golf R seemed to come in at approx £6k total for 24 months which is more than affordable as we save £1500+ a month. Money sat in account earning 2.4% net. I wouldn't want to spend over 6k over the 2 years.

Now what do we spend £27k on a 6/12 month old car or go down the lease and fix it for a couple of years. We are both nearly 27 and kids will be on the cards soon.

So to lease or to buy?! Who knows, as I am split right down the middle at the moment!

Would really appreciate your help on this one family!

Thank you

[B'stard Child]

If it depreciates hire it
If it appreciates buy it

I don't follow that rules for cars but It makes sense to me

Ps advice ( before someone else points it out)