Have tended to buy outright and keep

I've never bought brand new, buying one 18months old seemed to wipe a lot of the depreciation hit out - then run for another 8-10 years. A lot of modern cars have decent manufacturers warranties that'll cover you for three to five years from purchase, which takes a bit of the risk away.

Know a couple of people at work who got stung on the hiring/leasing as they did more milage than they expected.

Post pandemic I'm now doing about a third of my previous milage per year, so not sure how the finances differ... But it still looks like it'd be much much much cheaper than any other route.

Whichever route you take, if you get a real duffer it's a right PITA.

Posted By: Cardiff Canary, Jun 20, 15:32:13